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Labour confidence vote / Sunak's campaign to get underway

UK
  • Labour is expected to table a vote of no confidence in the government today, with a vote likely to be held tomorrow. There is very little chance of this passing given that a Conservative leadership contest is already underway and the process is as expediated as it can be given the timing of the summer recess. It is more political theatre with no real impact.
  • The other UK story to look out for today (other than if there are any other names thrown into the hat for the leadership contest) are more details on Rishi Sunak's leadership campaign. Sunak is currently leading the polls and is widely expected to be one of the two members on the ballot paper to Conservative party members. Most of the other candidates have been trying to be the candidate offering the largest tax cuts and appeal to the right of the party, but Sunak is seen as more a centrist candidate who wants to deliver tax cuts, but wants to do this when he sees them as affordable.
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