James Forsyth James Forsyth

Penny drops, Rishi wins

The Tory leader faces a formidable set of challenges

Rishi Sunak has been elected leader of the Tory party and will be the next prime minister after Penny Mordaunt pulled out of the race. By the 2 m. deadline, 197 Tory MPs – half of the party – had come out for him. Just 27 had gone public for Mordaunt: her team said that anonymous endorsements took this to 97.

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