Ex-finance minister Sunak launches bids to be UK PM as rival backs him

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LONDON — Ex-finance minister Rishi Sunak, the favourite to become Britain's next prime minister, kicked off his campaign on Tuesday (July 12) promising 'honesty', in a increasingly testy and divisive battle to succeed Mr Boris Johnson.

LONDON — Ex-finance minister Rishi Sunak, the favourite to become Britain's next prime minister, kicked off his campaign on Tuesday promising"honesty", in a increasingly testy and divisive battle to succeed Mr Boris Johnson.

Transport minister Grant Shapps became the first to end his bid, throwing his support behind Mr Sunak, whose resignation helped provoke the revolt by ministers and Conservative lawmakers that forced Mr Johnson to say he would resign last week.

Mr Sunak said he did not want to distance himself from the fiscal decisions he made during the Covid-19 pandemic. Ms Penny Mordaunt, a junior trade minister who is also heavily tipped, topped a poll of Conservative members on Monday and she too has tried to strike a more measured tone on tax, saying that while she would cut taxes:"I will pioneer sound money."

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