Rishi Sunak became the firm favourite to be the next PM after Boris Johnson pulled out, but Penny Mordaunt could make the cut.
Tory
Shares jump in London after Johnson withdraws from leadership race
Both the FTSE 100 and the pound gained on Monday, while the cost of Government borrowing fell.
Sunak could be declared next PM within hours after Johnson abandons bid
The former chancellor is the favourite to lead the Tories after ex-PM Boris Johnson dramatically withdrew from the race he never officially entered.
What next for Boris Johnson, the former PM with aspirations to lead again?
Mr Johnson was forced late on Sunday to admit he could not unite his warring party, seemingly surrendering to Rishi Sunak.
Who are the contenders for the next leader of the Tory Party?
Former chancellor Rishi Sunak and Leader of the House Penny Mordaunt have emerged as the main contenders.
Tory leadership contest: How the week will unfold
Sir Graham Brady, chairman of the powerful 1922 Committee of Tory backbenchers, has said the party will have a new leader by Friday.
Tory MPs to make their choice for leader after Johnson withdraws
Rishi Sunak and Penny Mordaunt face off in the race for No 10 after ex-PM said it is ‘not the right time’ for him to stand.
Sunak will be just as bad as Johnson for Scotland, says Ian Blackford
The SNP Westminster leader’s comments come after Boris Johnson’s dramatic withdrawal from the Tory leadership contest.
Boris Johnson pulls out of race for 10 Downing Street
The former prime minister admitted he cannot unite the warring Conservative Party.
Johnson’s team claim he has the numbers to get on the ballot paper
Rival camps react with suspicion in the absence of a formal declaration from the ex-PM that he is standing.