The Japan Times - UK Tory rivals open truncated leadership race

EUR -
AED 4.048988
AFN 71.653352
ALL 90.233152
AMD 397.442801
ANG 1.973656
AOA 1011.960474
ARS 1704.382464
AUD 1.628051
AWG 1.984235
AZN 1.878376
BAM 1.951036
BBD 2.220877
BDT 137.145087
BGN 1.95499
BHD 0.415753
BIF 3312.570815
BMD 1.102353
BND 1.419813
BOB 12.873388
BRL 6.246268
BSD 1.102607
BTN 103.857962
BWP 15.412153
BYN 3.303388
BYR 21606.119128
BZD 2.217684
CAD 1.573224
CDF 2551.947633
CHF 0.924565
CLF 0.027875
CLP 1097.084206
CNY 7.354624
CNH 7.358449
COP 3659.778945
CRC 494.093407
CUC 1.102353
CUP 26.463016
CVE 110.401089
CZK 24.405329
DJF 195.910612
DKK 7.476493
DOP 66.917109
DZD 151.273137
EGP 58.978161
ERN 16.535295
ETB 177.534385
FJD 2.483877
FKP 0.834353
GBP 0.834294
GEL 2.855525
GGP 0.834353
GHS 12.925133
GIP 0.834353
GMD 81.574515
GNF 9764.096088
GTQ 8.429301
GYD 230.683524
HKD 8.648676
HNL 29.708842
HRK 7.531237
HTG 144.594927
HUF 364.882711
IDR 20101.848202
ILS 3.545943
IMP 0.834353
INR 103.905536
IQD 1668.962467
IRR 2109614.310597
ISK 136.615035
JEP 0.834353
JMD 174.224538
JOD 0.781612
JPY 176.073379
KES 143.361434
KGS 96.384792
KHR 4497.600695
KMF 492.752185
KPW 992.118101
KRW 1473.366503
KWD 0.34335
KYD 0.918844
KZT 491.483094
LAK 24836.013852
LBP 98715.713034
LKR 366.73942
LRD 187.400397
LSL 18.663257
LTL 3.254962
LVL 0.666803
LYD 7.104708
MAD 10.981314
MDL 20.028816
MGA 5059.800729
MKD 61.545168
MMK 2314.774623
MNT 3973.283421
MOP 8.911016
MRU 44.759659
MUR 52.494468
MVR 16.980358
MWK 1913.685217
MXN 20.433771
MYR 4.504329
MZN 70.444469
NAD 18.663252
NGN 1481.088858
NIO 40.570694
NOK 10.552253
NPR 166.167676
NZD 1.994849
OMR 0.424561
PAB 1.102607
PEN 3.75135
PGK 4.97327
PHP 70.506912
PKR 304.914924
PLN 4.405592
PYG 6843.288459
QAR 4.01725
RON 5.348511
RSD 117.465677
RUB 91.30685
RWF 1627.073053
SAR 4.160787
SBD 8.926521
SCR 15.372648
SDG 663.069392
SEK 11.106249
SGD 1.418953
SHP 0.830054
SLE 25.409646
SLL 23115.795624
SOS 631.101139
SRD 41.327623
STD 22816.481805
STN 24.472237
SVC 9.648438
SYP 14332.794295
SZL 18.663243
THB 37.34225
TJS 10.171722
TMT 3.858236
TND 3.316433
TOP 2.654202
TRY 55.49477
TTD 7.484722
TWD 36.257938
TZS 2920.045358
UAH 50.132575
UGX 4553.879273
USD 1.102353
UYU 44.690863
UZS 13271.228337
VES 1006.315196
VND 28358.582532
VUV 132.985681
WST 3.098252
XAF 655.957
XAG 0.022553
XAU 0.000284217451
XCD 2.979165
XCG 1.987211
XDR 0.779421
XOF 655.957
XPF 119.331742
YER 260.762006
ZAR 18.713826
ZMK 9922.503926
ZMW 22.543641
ZWL 354.957222
SSP 6555.09164
MXV 2.294737
  • RYCEF

    0.1000

    19.81

    +0.5%

  • VOD

    -0.2500

    16.33

    -1.53%

  • CMSC

    -0.2800

    20.12

    -1.39%

  • RBGPF

    -2.0000

    65

    -3.08%

  • RIO

    -0.2500

    94.16

    -0.27%

  • BTI

    -1.2000

    54.85

    -2.19%

  • NGG

    -0.3000

    74.94

    -0.4%

  • GSK

    -0.3500

    49.35

    -0.71%

  • BCE

    -0.4200

    20.14

    -2.09%

  • CMSD

    -0.3400

    19.93

    -1.71%

  • BP

    -0.9100

    43.52

    -2.09%

  • RELX

    0.1700

    33.24

    +0.51%

  • BCC

    -0.6200

    75.97

    -0.82%

  • AZN

    -1.9400

    164.21

    -1.18%

  • JRI

    0.0000

    10.77

    0%

UK Tory rivals open truncated leadership race

UK Tory rivals open truncated leadership race

Contenders bidding to succeed Prime Minister Liz Truss were Friday to open a hectic weekend of campaigning, but opposition parties demanded that UK voters get their own say to end months of political chaos.

Text size:

After only 44 days in office, packed with economic crisis largely of her own making, the Conservative leader announced Thursday she was stepping down.

Truss admitted she "cannot deliver the mandate" on which she was elected by Tory members, after her right-wing platform of tax cuts disintegrated and as many Conservative MPs revolted.

Truss succeeded Boris Johnson on September 6 after a weeks-long campaign against Tory rival Rishi Sunak, vowing a radical overhaul as Britons struggle with a cost-of-living crisis.

Having warned correctly of the disastrous consequences of her debt-fuelled tax promises, former finance minister Sunak has emerged as an early favourite to succeed Truss.

But the scandal-ridden Johnson may also be in the mix for a dramatic comeback bid, despite leaving Downing Street with dismal poll ratings.

Likely contenders were keeping their powder dry in the immediate hours after party managers announced Thursday a truncated election process leading up to a result on October 28.

But supporters of Sunak and Johnson were quick to promote their merits -- while others such as senior cabinet members Penny Mordaunt and Ben Wallace were reportedly mulling their own runs.

Some including new finance minister Jeremy Hunt have already ruled themselves out.

Former minister Tim Loughton urged the four "big beasts" of Sunak, Mordaunt, Hunt and Wallace to agree on a unity candidate so that "we can get back to some degree of normality".

Other candidates could include a representative of the party's right such as Suella Braverman, whose resignation as interior minister on Wednesday helped trigger Truss's downfall.

But Brexiteer right-wingers and other factions "need to park all those egos" and work together given the gravity of the economic situation, Loughton told BBC radio.

"We need to have a united and talented cabinet of grown-ups who come together and get us back on course," he said.

- 'Soap opera' -

Whoever does stand will not have long to make their case, and will have to overcome a high bar to run.

They have until 2:00 pm (1300 GMT) on Monday to produce at least 100 nominations from their fellow Tory MPs.

That means a maximum of three candidates will emerge from among the 357 Conservatives in the House of Commons.

The MPs will vote to leave two candidates standing, and hold another "indicative" vote to tell the party membership their preferred option.

The rank-and-file will then have their say in an online ballot over the course of next week, unless a single candidate emerges from the MPs' deliberations in an effective coronation.

But for Labour and other opposition parties, the governing party is showing contempt towards the electorate.

Demanding an immediate general election, more than two years ahead of schedule, Labour leader Keir Starmer said Britain "cannot have another experiment at the top of the Tory party".

"This is not just a soap opera at the top of the Tory party -- it's doing huge damage to the reputation of our country" and to people's livelihoods, he said.

The ultimate winner of the Tory race will be Labour, according to many pundits, pointing to the opposition party's runaway lead in the polls.

"You'd have to hope, if you're the Tory party, that you really have reached a nadir and the only way is up from here," said Tim Bale, professor of politics at Queen Mary, University of London.

Friday's editions of the right-wing Daily Telegraph, Sun and Daily Express newspapers all talked up Johnson's chances.

But Bale told AFP that the former premier's return "would just be the final joke that the Conservative party tried to play on the country, and the country wouldn't be laughing".

"We need to climb out of the hole the Tories have dug us into. That probably does mean a change of government," he added, as the left-leaning Daily Mirror demanded: "General election now."

Y.Kimura--JT