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Friday, Jul 11, 2025
Former Prime Minister Boris Johnson confirmed he would be pulling out of the contest.
Former Finance Minister Rishi Sunak is a potential contender while Penny Mordaunt has become the first official candidate.
When Liz Truss announced her resignation this afternoon after being in office for barely five weeks, she became the fourth prime minister to come and go in just six years.
Truss' tenure was scarred by turmoil as her economic policies threatened the country's financial stability, driving the pound to record lows, sparking chaos on bond markets and increasing mortgage costs.
PM Liz Truss had faced a raucous session in parliament for the first time earlier on the day.
Kwarteng said he had resigned at Truss's request after being forced to rush back to London overnight from IMF meetings in Washington.
Queen Elizabeth will be buried alongside her husband Prince Philip in a small chapel in the grounds of Windsor Castle.
Among the 2,000 in the congregation will be some 500 world leaders, including Biden, Emperor Naruhito of Japan, Chinese Vice President Wang Qishan, and South African President Cyril Ramaphosa.
The MP said there was no question of praising the British for whatever they did to enhance their own rule.
Charles' coronation as king will take place at a later date - and the timing for that is not yet clear.
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