Boris Johnson has announced he will not stand in the contest to become the next Conservative leader.
The former Prime Minister, who flew back from a holiday in the Dominican Republic following Liz Truss’s resignation, said he believed he was “well placed to deliver a Conservative victory” in 2024. He said he had managed to amass the required 100 MPs to support him.
However, he claimed he had come to the conclusion that it would “not be the right thing to do”. Mr Johnson said he had reached out to his rivals, Rishi Sunak and Penny Mordaunt, to find a way to work together, but that this had not been possible.
Former Chancellor, Rishi Sunak, is the current frontrunner to become the next Prime Minister. Although Liz Truss was elected by party members via a lengthy leadership contest, the process to find her successor has been expedited, so as to install a new Prime Minister within only a week of her resignation.