Business Maverick: UK Tories to vote again in leader race as Sunak, Mordaunt ahead

The UK Conservative Party will hold a latest ballot on Thursday in the contest to elect their new leader and Britain’s next prime minister, after the first round of voting saw ex-Chancellor Rishi Sunak and Trade Minister Penny Mordaunt emerge as the front-runners.

Sunak, whose resignation helped trigger the downfall of Boris Johnson last week, is currently leading the race to succeed him after topping the first ballot on Wednesday with 88 votes, ahead of Mordaunt with 67. Truss came third with 50 votes. Truss is also yet to even make a formal campaign launch speech, which she is expected to do Thursday. In it, she is due to pledge “bold supply-side reform” to create a “high-growth economy,” according to a preview of her remarks from her campaign team.

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