The Conservative MPs will vote at 2.30 pm Swedish time and the result is expected at 6 pm. Eight candidates passed Tuesday’s thinning, as 20 nominations from MPs were required to proceed to today’s vote.
Former Finance Minister Rishi Sunak and Deputy Trade Minister Penny Mordaunt are the favorites, British media reports.
In Wednesday’s vote, candidates must be supported by at least 30 Conservative MPs. Those who pass the block will go on to a second vote on Thursday. A third vote will take place on Friday and a fourth on Monday, if required.
When there are four candidates left, they will be asked to take part in a final vote. By Thursday 21 July, there will only be two candidates left.
Who will finally be elected party leader will be decided during the summer by postal vote of the more than 160,000 Tory members. The result will be announced on 5 September.
In an interview with The Telegraph, favorite Rishi Sunak says:
– We will reduce taxes and we will do it responsibly. That’s my financial approach. I would describe it as sensible thatcherism.