After Boris Johnson announced his resignation from the Conservative Party leadership in England, 9 candidates have announced their candidacy for this seat so far.
Sajid Javid and Rishi Sunak, who triggered the process with their simultaneous resignation letters, will compete for the party leadership.
In addition to these two names, Tom Tugendhat and Suella Braverman, who did not serve in the cabinet, and Suella Braverman, who was responsible for legal affairs, announced that they would be candidates.
Transport Minister Grant Shapps, Finance Minister Nadhim Zahawi, Former Secretary of State Jeremy Hunt and Trade Minister Penny Mordaunt also announced their candidacy.
The new Secretary of State, Liz Truss, is also expected to announce her candidacy.
Therese Coffey, the deputy minister of labor and social security, said she would support Truss to become the new Conservative Party leader.
Candidates have placed the fight against inflation and the cost of living at the center of their campaigns.
Javid, Hunt, Zahawi and Shapps expressed the view that tax cuts are the solution. But resigning Finance Minister Sunak thinks tax cuts should wait. Altar is also a prominent name in betting.
The election of leadership in the Conservative Party is organized by a committee called the 1922 Commission. The committee will announce the key dates of the race with a timeline tomorrow at noon.
The new leader of the party and the country is expected to be determined in September.
How conservatives choose new leader
When the leader of the Conservative Party leaves office, this automatically starts the race for leadership. According to the rules valid today, the candidate must have the support of at least 8 deputies.
When all candidates are announced, if there are more than two candidates, Conservative Party lawmakers will vote until only two candidates remain:
In the first round, candidates have to get 5 percent of the votes to stay in the race. This corresponds to the votes of 18 deputies in the current distribution.
In the second round, candidates must receive 10 percent of the vote. That means 36 deputies.
In the following rounds, the candidate with the fewest votes is eliminated.
When the last two deputies are left, an election will be held in which not only deputies but all Conservative Party members (around 100 thousand people) will participate.