London Daily

Focus on the big picture.
Monday, Aug 31, 2026

New UK prime minister to be announced on Sept. 5 as tax dominates contest

New UK prime minister to be announced on Sept. 5 as tax dominates contest

Britain's new prime minister will be announced on Sept. 5, with the first votes to begin eliminating candidates in a crowded and increasingly unpredictable and divisive contest to replace Boris Johnson coming this week.

So far 11 candidates have thrown their hat in the ring to succeed Johnson as leader of the ruling Conservative Party and prime minister after he quit following a dramatic rebellion by his own lawmakers and ministers after a series of scandals.

The 1922 committee of Conservative members of parliament (MPs) which organises the leadership contest said hopefuls would need at least 20 nominations from the party's 358 lawmakers to even proceed to the first round of votes on Wednesday.

Anyone who then received less than 30 votes will be eliminated before another vote follows on Thursday. Nearly all the contenders have promised extensive tax cuts to win over the support of their colleagues.

"I am very keen we get this concluded as smoothly, cleanly, and rapidly as possible," said Graham Brady, the committee's chair.

The field will be whittled down to a final two candidates by lawmakers, before a postal ballot of the Conservative Party's members, who number fewer than 200,000, takes place over the summer.

A poll for the Conservative Home website on Monday found former defence minister Penny Mordaunt was the most popular with members, followed by equalities minister Kemi Badenoch and Rishi Sunak, whose resignation as finance minister helped bring down Johnson.

"There seems to be a quite a big field at the moment, a lively contest," Brady said. "I hope we will have a very constructive contest, but (also) a really good opportunity for a proper, healthy, constructive debate about the future direction of the Conservative Party."

The battle to secure the top job comes after one of the most tumultuous periods in modern British political history, when more than 50 government ministers and aides quit, denouncing Johnson's character, integrity and inability to tell the truth.

The new leader will also have to reverse evaporating support for the Conservatives. A survey by Savanta ComRes on Monday put the opposition Labour Party at 43% compared with 28% for the Conservatives, its biggest poll lead since 2013.

The succession contest has already become personal.

Former finance minister Sajid Javid, another of the candidates, criticised what he called "poisonous gossip" and "attack memos" delivered by some colleagues over the weekend.

"This isn't the 'House of Cards' or the 'Game of Thrones', and the people who are here just because they enjoy the game, they are in the wrong place," he said. "This is a time for pulling together, not apart."


TAX CUTS


The issue of tax cuts was fast becoming the central battle in the race with nearly all of the candidates promising to cut business or personal taxes.

Setting out her pitch, Foreign Secretary Liz Truss, who has held ministerial jobs in a number of government departments including trade, justice and the treasury, said she would reverse the recent rise in National Insurance contributions and signalled a cut to corporation tax.

Fellow contenders Jeremy Hunt and Javid both pledged to cut corporation tax, while Mordaunt has promised to cut fuel duty.

Sunak is the early front-runner, but he is the only candidate who has played down the prospect of imminent tax cuts, saying the adoption of "comforting fairy tales" would leave future generations worse off.

This has prompted his rivals to attack his economic record after the tax burden rose to the highest level since the 1950s. One lawmaker confirmed that a dossier criticising Sunak's record had been circulating on lawmaker WhatsApp groups.


'FANTASY ECONOMICS'


Nadhim Zahawi, appointed finance minister in the turmoil of last week, said he was also being targeted by rivals after media reports raised questions about the former businessman's personal finances and tax record.

Whoever wins the leadership race will be faced with a daunting in-tray.

Britain's economy is facing rocketing inflation, high debt, and low growth, with people coping with the tightest squeeze on their finances in decades, all set against a backdrop of an energy crunch exacerbated by the war in Ukraine which has sent fuel prices soaring.

On the issue of immigration, all the main leadership candidates have pledged to keep the government's policy of sending asylum seekers to Rwanda, showing how the party has moved to the right of the political spectrum in recent years.

Other candidates include the attorney general, Suella Braverman, the chair of parliament's foreign affairs committee Tom Tugendhat, and the transport secretary Grant Shapps.

Labour leader Keir Starmer in a speech took aim at an "arms race of fantasy economics" from the Conservative leadership candidates, claiming that more than 200 billion pounds ($239 billion) of commitments made by them over the weekend were unfunded.

Johnson has declined to endorse any of the candidates.

($1 = 0.8357 pound)

Newsletter

Related Articles

0:00
0:00
Close
London Science Museum Ends Long-Running BP Sponsorship
Scottish Homeowners Prepare Valuation Challenges Over Proposed Mansion Tax
UK Prosecutors Consider Charges Against Undercover Police in Spycops Scandal
James Cleverly Leaves Shadow Cabinet to Run for London Mayor
Avanti West Coast Drivers Agree 3.6% Pay Rise, Averting Strike Action
Allianz Explores £5 Billion Takeover of British Roadside Assistance Group AA
UK Government Retreats From Plan to Unfreeze Personal Income Tax Threshold
Northern Ireland Leaders Press UK Government for Sustainable Funding Settlement
UK Health Agency Warns Nationwide Salmonella Outbreak Could Worsen
NHS Warns Autism and ADHD Assessment Costs Have Become Unsustainable
UK Rejects Moratorium on AI Data Centres Despite Energy and Water Concerns
Thames Water Creditors Offer Government Golden Share in £10 Billion Rescue Plan
UK Warns Defence Executives of Russian Assassination and Sabotage Threats
Bank of England Holds Interest Rate at 3.75% Amid Inflation Risks
UK Restricts Early Prison Release for Serious Offenders as Jails Near Capacity
Genetic Study Finds Medieval Britain’s ‘Conquest Man’ Had Scandinavian Origins
Kemi Badenoch Plans Conservative Frontbench Reshuffle After Cleverly Departure
Nissan Sunderland Plant Highlighted as Key Economic Anchor for North East England
UK Arts Report Finds Women Face Persistent Barriers to Career Progression
Private Equity Consolidation of UK Veterinary Practices Raises Consumer Cost Concerns
South West Water Ranked Worst in England for Environmental Performance
British Train Drivers Secure 3.6% Pay Rise, Averting Strike Threat
UK Prosecutors Consider Charges Against Officers in Undercover Policing Scandal
James Cleverly Leaves Conservative Shadow Cabinet to Run for London Mayor
Allianz Explores £5 Billion Takeover of British Roadside Assistance Group AA
Bank of England Holds Interest Rate at 3.7% as Growth Stalls and Inflation Eases
UK Government Announces Electricity VAT Cut and £2 Bus Fare Cap
UK Officials Highlight 80 Years of Diplomatic Relations With Philippines
Heavy Rain Disrupts Parts of England After Weeks of Extreme Summer Heat
More Than 200 Extra Police Officers Deployed Across Cleveland After Violent Incidents
Burnham Meets Northern Ireland Leaders for Talks on Economy and Youth Employment
Burnham to Abstain From UK Assisted Dying Vote
NHS Leaders Warn of Severe Financial and Staffing Pressures Ahead of Autumn
UK Treasury Prepares October Budget as Defense and Public Spending Pressures Mount
Scottish Government Publishes Draft Bill for Second Independence Referendum
Royal Navy Tracks Russian Warships and Sanctioned Vessels in 72-Hour Operation
UK and Ukraine Agree AI-Focused Defense Technology Partnership
US Reportedly Weighs Falkland Islands Policy Shift to Pressure UK Over NATO Spending
UK Government Mobilizes Emergency Aid as British Nationals Remain Missing After Nepal Floods
UK Hospitality Industry Reports Stronger Summer Trading but Seeks Tax Relief
Reform UK Proposes £30 Tax Credit for Long HMRC Helpline Waits
Labour Debates Caps on Political Donations Ahead of Future Elections
England Accelerates Housing and Planning Reforms Amid Affordability Crisis
NHS Expands Walk-In Community Health Centers to 40 Locations
UK Regulators Expect Meta to Apply Stronger Child Safety Standards Globally
UK Groups Demand Faster Transport Decarbonization After Extreme Summer Weather
UK Launches 10,000 Work Experience Placements as Youth Unemployment Concerns Rise
UK Government Faces Difficult Autumn Budget Choices Over Defense, Spending and Taxes
UK Government Rejects Calls to Slow AI Data Center Expansion
IMF Raises UK Growth Forecast to 1% Despite Global Supply Chain Risks
×