Former British Prime Minister Rishi Sunak has formally resigned as the leader of the Conservative Party, 24NewsHD TV Channel reported on Wednesday.
Sunak announced that he would continue to serve as the interim leader until a new leader is elected.
According to media reports, the process of selecting a new leader has officially begun and is expected to conclude by November 2. Until then, Rishi Sunak will remain the acting leader of the party.
Candidates for the leadership position include former Minister Mel Stride, former Immigration Minister Robert Jenrick, former Home Secretary Suella Braverman, Priti Patel, Shadow Home Secretary James Cleverly, Shadow Security Minister Tom Tugendhat, and Shadow Communities Secretary Kemi Badenoch.
Only party members who have been members for 90 days or more prior to the closing of the ballot are eligible to vote in the leadership election.