Rishi Sunak 'has reached 100 nominations'
Fionnula HaineyFormer cabinet minister Andrea Leadsom has backed Penny Mordaunt to be the new Tory leader, citing her “compassion” and “determination”.“Penny has the experience, the compassion and the determination to lead our country to a bright future!”Mordaunt says she is running ' to unite our country, deliver our pledges and win the next election'
The new prime minister will have to decide whether to go ahead with the planned Halloween statement setting out how the government intends to get the public finances back on track, Downing Street has said. Work is continuing in Whitehall, led by chancellor Jeremy Hunt, in preparation for the medium-term fiscal plan to be announced on October 31 along with an updated set of economic forecasts from the Office for Budget Responsibility .
A former deputy governor of the Bank of England warned that whoever comes in will have to stick with Mr Hunt and his plan if they want to avoid more chaos in the markets. Professor Sir Charlie Bean told BBC Radio 4’s The World at One: Mr Mills tweeted: “A few weeks ago I changed my mind and didn’t back @RishiSunak. I’m not making the same mistake again, he is clearly the Prime Minister we need to restore stability and tackle the many serious challenges facing the country.”Levelling up secretary Simon Clarke has declared that he wants Boris Johnson to replace Liz Truss in No 10.“Boris is the person we need to lead our country and our party.”“Teesside has had difficult times and is now levelling up because of @BorisJohnson.
“The reason Boris Johnson resigned in the end is that half of his own government ministers had resigned from his government, saying they had no confidence in him and probably around two-thirds of the Conservative parliamentary party were poised to vote against him in a vote of no confidence so he had no option but to resign.
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