Ex-finance minister Sunak, and others, launch bids to replace Boris Johnson

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LONDON, July 12 — Ex-finance minister Rishi Sunak and two others will start their campaigns today to become Britain’s next prime minister, battling for the support of a party...

LONDON, July 12 — Ex-finance minister Rishi Sunak and two others will start their campaigns today to become Britain’s next prime minister, battling for the support of a party deeply split over who should succeed Boris Johnson.

With most candidates saying they would cut taxes if they win, Sunak, the current bookmakers’ favourite, has said while he would want to reduce the tax burden, he would wait until after inflation has been tackled. “I am a small state, low tax conservative, but I also believe we need to use the levers of government to support jobs and livelihoods through difficult economic situations,” she wrote.

Yesterday, the 1922 Committee of Conservative members of parliament agreed the rules for the leadership contest, saying the field will soon be whittled down with the final two being presented to the party by July 21.The new leader faces a busy in-tray.

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