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Race to replace Boris Johnson as U.K. PM narrows to 4 candidates
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World


RACE TO REPLACE BORIS JOHNSON AS U.K. PM NARROWS TO 4 CANDIDATES

By Kylie MacLellan, Alistair Smout and Elizabeth Piper Reuters
Posted July 18, 2022 3:33 pm
Updated July 18, 2022 7:48 pm

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0:44 Sunak tops U.K. leadership race after 3rd ballot
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WATCH: Sunak tops U.K. leadership race after 3rd ballot – Jul 18, 2022
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Britain’s former finance minister Rishi Sunak held onto his lead in the race to
become Britain’s next prime minister on Monday as another hopeful was knocked
out, leaving four candidates in an increasingly bitter contest to replace Boris
Johnson.

Sunak got 115 votes in the third ballot of Conservative lawmakers on Monday,
ahead of former defense minister Penny Mordaunt on 82 and Foreign Secretary Liz
Truss on 71.

Since Johnson said he would resign earlier this month after his scandal-ridden
administration lost the support of many in his ruling Conservative Party, the
race to replace him has taken an ugly turn with several contenders turning their
fire on the frontrunner Sunak.



He has faced criticism on everything from his record in government to the wealth
of his wife by those vying to make it to a run-off between the final two
candidates, with foreign secretary Truss and Mordaunt, currently a junior trade
minister, his most likely opponents.

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The chair of the Foreign Affairs Committee Tom Tugendhat, a former soldier and
Johnson critic who has never had a role in government, was eliminated from the
leadership contest on Monday, after securing the fewest votes with 31.

Former equalities minister Kemi Badenoch came fourth in the ballot with 58
votes.

1:52 The rise and fall of Boris Johnson, explained

The governing Conservative Party’s 358 lawmakers will whittle the field down to
the final two this week, eliminating the candidate with the fewest votes each
time. The results of the next ballot are due at 1400 GMT on Tuesday.

Get the latest Toronto news. Sent to your email, every day.

A new prime minister will then be announced on Sept. 5, after the Conservative
Party’s 200,000 members cast postal ballots over the summer.

2:58 Boris Johnson resigns as Britain’s PM after bowing to pressure


VIGOROUS DEBATE

The race has become focused on pledges, or non-pledges, to cut taxes, at a time
when Britain’s economy is beset with spiraling inflation, high debt and low
growth that have left people with the tightest squeeze on their finances in
decades.

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Truss has also come under fire for saying she would change the Bank of England’s
mandate.

At a televised debate on Sunday, candidates attacked each other over their
records, and Truss and Sunak pulled out of a planned third debate on Tuesday,
amid concern among Conservatives about candidates attacking their party
colleagues.

“The nature of the Conservative Party is to have vigorous debate and then
coalesce once a new leader is selected. I have no doubt that the same will
happen on this occasion,” Conservative former minister David Jones told Reuters.

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Sunak extended his lead over Mordaunt, who lost support and registered one fewer
vote than she had in round two.



Bookmaker Ladbrokes said on Monday that Truss, who got seven more votes in round
three than she had in round two, was now the second favourite, ahead of Mordaunt
but behind Sunak.

Truss’s campaign tried to buttress their argument for lower taxes by citing a
report by The Centre for Economic and Business Research, a private sector think
tank, showing there was more room for maneuver from higher tax receipts.

But a top Bank of England official, Michael Saunders, pushed back at her
suggestion the government should set a “clear direction of travel” for monetary
policy, saying the foundations of Britain’s framework were best left untouched.

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“The government very clearly does not set the direction of travel for monetary
policy,” Saunders, one of nine members of the interest rate-setting Monetary
Policy Committee, said at a Resolution Foundation event in London.

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