London Daily

Focus on the big picture.
Saturday, Jul 18, 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
For 36 Years, He Scammed About 300 Luxury Hotels — Until He Was Caught
Britain Nationalises British Steel to Protect Scunthorpe Production and Strategic Supply
Andy Burnham Takes Labour Leadership and Prepares to Become Britain’s Seventh Prime Minister in a Decade
Tech Companies Want to Move Computing Off Your Screen and Onto Your Body
White House Teleprompter Operator Earned More Than $100,000 From Bets Linked to the President's Speeches
French Prime Minister Survives No-Confidence Vote After Controversial Budget Cuts
European Commission Opens Excessive Deficit Procedure Against France
French Senate Blocks Key Immigration Reform Measures
French Government Pushes EU Action Against Ultra-Fast Fashion Imports
French Parliament Debates Expanded Autonomy Powers for Corsica
France Reopens Autonomy Talks With New Caledonia After Months of Unrest
Bordeaux Wine Producers Seek Three Hundred Million Euro Aid Package After Export Collapse
French Farmers Block Spain Border Crossings Over Imported Food Competition
Cannes Film Festival Bans Fully Artificial Intelligence-Generated Films From Competition
TotalEnergies Shifts More Than Three Billion Euros of Green Investment From Europe to the United States
LVMH Chief Executive Bernard Arnault Presents Succession Plan for Luxury Empire
Kering Reports Fifteen Percent Revenue Drop as Chinese Luxury Demand Weakens
Sanofi Reports Positive Results From Messenger RNA Respiratory Vaccine Trials
France Places Energy Price Caps Under Review to Protect Households Through Winter
EDF Connects Two New Nuclear Reactors to France’s Electricity Grid
Mistral Secures European Commission Contract for Sovereign Artificial Intelligence Models
Renault Opens Next-Generation Electric Battery Plant in Northern France
Air France Signs Two Billion Euro Sustainable Aviation Fuel Deal to Cut Emissions
Marseille Launches Three Billion Euro Port Expansion to Strengthen Mediterranean Trade Role
French-Owned Ubisoft Announces Global Restructuring With Nearly One Thousand Job Cuts
National Railway Operator Suspends Artificial Intelligence Ticket Pricing System After Consumer Backlash
United Kingdom to Ban Sales of High-Caffeine Energy Drinks to Under-Sixteens
Home Office Designates Iranian and Russian Paramilitary Groups as National Security Threats
National Health Service Launches Housing Plan to Retain London Healthcare Workers
British Heatwave Fuels Wildfires and Emergency Evacuations in Scotland
United Kingdom and Estonia Sign Defence Agreement to Strengthen NATO’s Eastern Flank
United Kingdom Cuts Bilateral Aid to African Nations by More Than Eighty Percent
Bank of England Overhauls Banking Rules to Encourage More Lending to Businesses
United Kingdom and India Free Trade Agreement Enters Into Force, Reshaping Bilateral Economic Ties
Andy Burnham Confirmed as New Labour Leader and Prime Minister-Designate
UK Government Faces Pressure Over Extreme Heat Workplace Rules
Lewisham Council Blocks Cooperation With Home Office Immigration Enforcement
UK Parliament Investigates Growing Pressures on Scotch Whisky Industry
Teen Hackers Sentenced Over Thirty-Nine Million Pound Transport for London Cyber Attack
Ministry of Defence Acquires Scottish Fuel Terminal to Strengthen Royal Navy Operations
Bank of England Eases Rules as Economic Growth Remains Weak
Bank of England Governor Warns Andy Burnham on Britain’s Long Economic Stagnation
UK Defence Ministry Buys Scottish Fuel Terminal to Secure Naval Energy Supplies
UK Secures Access to European Defence Contracts Through Ukraine Support Deal
Bank of England Plans Easier Capital Rules to Encourage More Lending
Met Office Says England and Wales Have Already Broken Summer Heat Records
Counter-Terrorism Police Lead Investigation Into Murder of Former Minister Ann Widdecombe
UK Government Nationalises British Steel to Protect Domestic Steel Production
French National Assembly Overrides Senate to Pass Historic Assisted-Dying Legislation
Spanish Prime Minister's Wife Ordered to Stand Trial as Corruption Probes Encircle Governing Party
×