The Latest Breaking News from Conservative Party

The Tories were given a week to decide on their new leader

Rishi Sunak is the only other candidate after Boris Johnson withdrew

The former chancellor was mocked for his U-turns on his backing for leadership

Rishi Sunak is on the cusp of becoming Prime Minister. If elected Conservative Party leader as expected on Monday, he will become the first British PM not to come from a Christian background

Penny Mordaunt has declared she is entering the Tory leadership race for the second time, so here we take a look back at her rise to fame and antics away from politics

Rishi Sunak is a strong favorite to finally assume the prime minister's position that he missed out on less than two months ago.

A popular former chancellor of the exchequer under Boris Johnson's premiership, Sunak will be the first nonwhite to take the top job and the youngest prime minister in more than 200 years.

Stocks futures slip, dollar steadies after China market slump; Week Ahead: big tech earnings, GDP, inflation data in focus; Fed begins 'pivot' messaging; traders pare bets on big rate hikes; Boris Johnson exits race for UK Prime Minister, pound jumps and Tesla shares slide after surprise China EV price cut.

The ‘gallant lady’ with a sailor’s humour is hoping to replace Liz Truss but faces a tough ask in overcoming a wave of support for Rishi Sunak

Nominations for the next Prime Minister will lock in later this afternoon

Former Treasury chief Rishi Sunak is strong favorite to become Britain’s next prime minister within hours or days, after former leader Boris Johnson dropped out of the Conservative Party leadership contest