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Free AccessMirror-Chancellor Jeremy Hunt Will Not Stand To Be Conservative Leader
Daily Mirror reporter John Stevens reports that Chancellor of the Exchequer Jeremy Hunt will not stand to be Conservative party leader following the resignation of PM Liz Truss as party head minutes ago.
- Harry Cole at The Sun: "Talk of candidates chosen Monday [24 Oct] with online vote of members with result next Friday [28 Oct], but currently no formally confirmed."
- Rumours are of a 'moderate' triumvitate of former Chancellor Rishi Sunak, Hunt, and Leader of the Commons Penny Mordaunt forming some form of unity ticket.
- Given Sunak's divisive position in the party (disliked by supporters of former PM Boris Johnson) it could be that Mordaunt takes the PM's position, Hunt remains chancellor, and Sunak takes the office of foreign secretary.
- However, given the clear divisions within the party gaining agreement on this speculated ticket could be very difficult.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.