The head of British diplomacy Liz Truss, which appears as the big favorite to succeed him Boris Johnson in the Conservative Party leadership and the Prime Ministership, today secured the support of Penny Mordant, who she narrowly edged out to reach the final round against former finance minister Rishi Sunak.
Under-Secretary-General for Trade Penny Mordant was the latest candidate to be ruled out of the voting process among ruling Conservative Party officials, having just secured eight votes less than Liz Truss in the previous round.
The members of the Conservative Party are now called upon to decide which of Tras and Sunak will be their new leader and Prime Minister Britain.
Emphasizing that she does not wish to be a “weather vane”, Mordant announced: “I’ve seen enough to know that the candidate I’m going to trust is Liz Truss.”
Penny Mordant is another member of the cabinet who supports the Truss nomination, including Defense Secretary Ben Wallace and Finance Minister Nadeem Zahawi.
Rishi Sunak, who initially appeared to be the frontrunner in the race to succeed Boris Johnson, is now reportedly 24% behind his rival in polls. In a last-ditch effort to turn the tables on him, he announced a plan to cut income tax by 20% from 2029, touting it as the biggest cut since Margaret Thatcher.
Source: News Beast

Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.