Rishi Sunak Will Stand for British Prime Minister

Former UK chancellor Rishi Sunak is poised to formally enter the race to become Britain’s next prime minister after securing public backing from the 100 Tory MPs needed to enter the ballot, the Financial Times reports.

By 7pm on Saturday Boris Johnson, who has only just returned to Britain from a holiday in the Dominican Republic, had around 50 publicly declared backers.

The Guardian says Sunak has the support of 126 Tory MPs.

Times of London: Tory right spurns Boris Johnson as support for Rishi Sunak surges.