Parliament where they both candidates will have to present themselves with up there will be a vote of mps, which would be in indicative vote. It would show how many mps support each candidate and that vote would then be. Michael forward to the conservative Party Members who have all week until friday next week to do in on line vote to choose one of the two. They will have seen ben which m p, how many mps favour each candidate or the alternative, only one passes the threshold at the minute rishi sunak is over, so rishi sunak patches a threshold. If he scoops up many more votes and Penny Mordaunt doesnt make 100 then there is no need to press forward with the rest of that process and rishi sunak tomorrow would be the winner. Damien, thank you very much. Im would be the winner. Damien, thank you very much you very much. Im delighted to say im delighted you very much. Im delighted to say im delighted by you very much. Im delighted to say im delighted by the you very much. Im delighted to say im delighted by the chief you very much. Im delighted to say im delighted by the Chief Financiall on one level, i find surprising. On one level, its fascinating. Its very borisjohnson to hold the line like with the Leadership Bid which he never declared limelight. It attracted all the mainstream media, and since friday, he has hundreds of mps that supported him, enough to get on the balance sheet. Hes claiming this wasnt enough to have a democratic mandate. But there will be suspicions. We dont know who the 100 to suppose that mp supporters are, and its quite possible he didnt get the 100 needed to get to that point. Therefore he is pulling out and well never know whether hes telling the truth or not. Mr johnson, for all his political strength, is not renowned as a terror of truth all the time. This is not inconceivable if penny mourdant doesnt get to 100, sunak will be crowned the new Prime Minister. That comes with a lot of questions about democracy because the conservative membership wouldnt get a chance to vote for him, and they might feel. The country might also feel unhappy about having the Prime Minister who they havent elected. One thing to remember is its not impossible with the supporters of borisjohnson, were sure he had at least 60 or 70. If they were to switch to penny mourdant in a kind of, lets stop rishi sunak way, she could declare the hundred. Its not impossible that even though shes been seen as the outsider or the outside chance, its still not impossible that she could come Out Of Nowhere and win. Quite, i think the point would be that whatever the decision and the vote in a two person contest, were back into the words of it being an indicative boat. Just getting the most mps on site is not even half the battle comes to Party Members who dont seem fond of rishi sunak vote. Who dont seem fond of rishi sunak vote. ,. ,. ,. ,. , vote. You have all sort of complications. Vote. You have all sort of complications. If vote. You have all sort of complications. If he vote. You have all sort of complications. If he has vote. You have all sort of. Complications. If he has about 250, youd have a very. And then she goes ahead and wins among the membership, you would have a very unstable regime because although the Conservative Party had a huge majority of 80 mps, if you only have the support of 100 going in, theres a kind of. You could see quite a few rebellions happen quite quickly and you can have a bit of the instability that we saw with liz truss. Possibly not the self inflicted financial chaos. I want to bring in a tweet from nadim zahawi that says a day is a long time and politics. We should turn to rishi sunak to the next Prime Minister. He is immensely talented, will command a Strong Majority in the parliament. Looking for unity, something borisjohnson said he would try to do. That was a great opportunity at the same time, there might be a sense that nadim zahawi, who was prepared to back Boris Johnson, is going the sunak route rather than the mordaunt route. Fascinating that nadim zahawi had. Which is precisely the moment Boris Johnson pulled out. Nadim zahawi was made chancellor amid. He only had been chancellorfor a made chancellor amid. He only had been chancellor for a couple of days when he literally went around and told the Prime Minister to go. By humiliating the guy who had forced him out of power, then back to him last week, and this was a deliberate humiliation. But i think its an interesting question. One thing liz truss possibly got wrong, at least to those voters who were not. She stuck with covenant people who supported her in the summer cabinet people, and she didnt reach out to rishi sunak� s supporters and give them cabinetjobs. Who had supported someone else, in this case, borisjohnson, it may look like a more harmonious operation than liz trusss premiership. She basically stuff the camera. [30 than liz trusss premiership. She basically stuff the camera. Do you think whether basically stuff the camera. Do you think whether its basically stuff the camera. Do you think whether its mordaunt basically stuff the camera. Do you think whether its mordaunt or basically stuff the camera. Do youj think whether its mordaunt or rishi sunak, that the conservatives can look towards a period of ill use the word relatively, of stability and most people recognise Boris Johnson is a massive character. Hes charismatic, he gets everybody jumping up and down, but one thing he is not offering is stability. I he is not offering is stability. 1 think there are two forms of he is not offering is stability. I think there are two forms of the stability weve suffered from over the summer. We had massive political instability. Going back for about six years. But weve also had financial instability, some of it caused or worsened by liz trusss premiership, but some that out of her control, caused by Global Factors such as russias invasion, rising inflation. Even if its rishi sunak or penny mourdant, there could be more political instability because they might take fewer risks with the economy initially. There are still these factors in terms of The Cost Of Living crisis, inflation, Interest Rates going up, energy bills set to go up. When the scheme ends, these are factors that however good a communicate or you are, you could have all the Communication Steels in the world, but the problems in this country are facing the general public. Theyre so severe that political skills arent going to be enough to prevent some pretty unstable months ahead. Jim, dont go away. Ill ask you in a moment to give you the top two lines from the ft. It cant all be about borisjohnson, but do stay with us. I want to turn back to damian grammaticas. Youve been garnering some of the response and thank you for parting on the Nadhim Zahawi tweet, what are they making of it . ~. ,. , zahawi tweet, what are they making of it . ,. ,. , zahawi tweet, what are they making ofit . ,. ,. ,. , of it . Well, a lot of people are sce tical of it . Well, a lot of people are sceptical that of it . Well, a lot of people are sceptical that whether of it . Well, a lot of people are sceptical that whether boris i of it . Well, a lot of people are sceptical that whether Boris Johnson mother might have had johnson might� ve had the right number of nominations, he states in his letter that he did. He nominations, he states in his letter that he did that he did. He confirms he did. Yes, he confirms that he did. He confirms he did. Yes, he confirms and that he did. He confirms he did. Yes, he confirms and he that he did. He confirms he did. Yes, he confirms and he is that he did. He confirms he did. Yes, he confirms and he is cleared, but the hurdle of nominations, no one is quite sure. Theres a lot of scepticism whether thats the case or rather he read the Writing On The Wall and decided he may not do, or evenif wall and decided he may not do, or even if he did, the prospect that would face him was he would end up with a large bulk even if he won the contest his own mp who didnt want him. Clearly now, a sense that momentum that appears would be with rishi sunak. But the mordaunt campaign is saying they are not in the mood to stand back. They see her as a candidate who can unify the party and appeal to different wings. She has a lot to do to climb that mountain to get to 100 nominations, but now, there are 60 or so of Boris Johnsons up for grabs. Interesting that Nadhim Zahawi had swung back and forth, said borisjohnson should go in the summer, come back to back him now, and instantly, humiliating that hes written this article praising borisjohnson� s candidacy praising Boris Johnsons candidacy or praising borisjohnson� s candidacy or potential, only now to have that withdrawal instantly. Hes a big name, hes a Cabinet Minister. Its interesting, as one of the big names in the Borisjohnson Camp is moving to rishi sunak. He has a height of a rhinoceros, perhaps, to deal with these things slung his way. He said that article, but hes moved, how many more might go . The mordaunt campaign think their team can draw borisjohnson� s campaign think their team can draw Boris Johnsons supporters who campaign think their team can draw borisjohnson� s supporters who might be less inclined to support rishi sunak. But you could again, asjim would saying, end up with a large bulk of mps supporting rishi sunak, so would penny mourdant be held in how would that be able to cope . Ive been told you have to dispatch for radio four in a moment, so thank you very much indeed. Jim, two points. Rishi sunak, as he laid out very clearly, in the first round of standing for party leader, was that this would be tough, this would hurt financially, it would be difficult. He had the credibility one might say that ultimately, getting it right while liz truss got it wrong will help him. How will he be seen in the market in terms of the next man at the helm . Or woman . Market in terms of the next man at the helm . Orwoman . I market in terms of the next man at the helm . Or woman . Market in terms of the next man at the helm . Or woman . I think markets will be stable. The helm . Or woman . I think markets will be stable, but the helm . Or woman . I think markets will be stable, but there the helm . Or woman . I think markets will be stable, but there was the helm . Or woman . I think markets will be stable, but there was little will be stable, but there was little turbulence and Currency Markets on friday at the idea Boris Johnson friday at the Idea Borisjohnson coming back. I dont think they would have freaked out as much by some of liz trusss unfunded tax cuts, but the problem with Boris Johnson coming back is slightly alarmed traders. Rishi sunak would be a more conventional prospect in that respect. I think this whole process has been so constantine and truncated that there is almost no discussion of policy, and i suppose sunak and mordaunt can make the point that we heard and we know where they stand. You knew where borisjohnson was because he was Prime Minister only a few months ago. Butjust the lack of engaging in ideas or philosophical discussion is much more a kind of scramble for momentum. I also feel weve discussed the possibility that penny mourdant could come through and win this. Given the numbers rishi sunak now has in terms of mps, an awful lot of colleagues will be looking at the writing in the wall as weve seenin the writing in the wall as weve seen in Nadhim Zahawi. You see where the energy is coming from, and they are going to. I think a lot of Boris Johnsons supporters are going to. I think a lot of borisjohnson� s supporters may split Boris Johnsons supporters may split to sunak. , ,. ,. , to sunak. There has been one of those rides to sunak. There has been one of those rides where to sunak. There has been one of those rides where that to sunak. There has been one of those rides where that machiavellian idea of mps voting for whoever they thought would give them the best chance of getting a ministerial post. I dont think ive ever seen it quite as vivid as its been in the last couple of months. Know, but there is also the last couple of months. Know, but there is also personality the last couple of months. Know, but there is also personality being there is also personality being settled. If you think about the fact that it was sunak, the second Cabinet Minister to resign after sevenjavid. Sajid javid. A lot of and happiness between the two. Unhappiness. A lot of mps were very aware that the Privileges Committee hasnt completed its investigation into Whether Borisjohnson lied to parliament. But there was a bit of briefing this week from thejohnson camp, that sunak himself was also fined over attending a party in number ten during that period. Theres a lot of bad blood out there, and i dont think the end of this battle will be the end of this bad blood and tensions which are now entrenched. Jim. Bad blood and tensions which are now entrenched. ,. ,. ,. , , entrenched. Jim, i gave you a couple of minutes to entrenched. Jim, i gave you a couple of minutes to give entrenched. Jim, i gave you a couple of minutes to give us entrenched. Jim, i gave you a couple of minutes to give us your entrenched. Jim, i gave you a couple of minutes to give us your headline i of minutes to give us your headline in your second story. What are you coming up with . The in your second story. What are you coming up with . Coming up with . The truth on this one is m coming up with . The truth on this one is im not coming up with . The truth on this one is im not technically coming up with . The truth on this one is im not technically working | one is im not technically working today and George Parker is the person whos rapidly rewriting us. You could be a politician laughter i havent seen what hes written, but i would suspect it would be momentum but i would suspect it would be momentum g. ,. , � , momentum with johnson as. Hes conceded that momentum with johnson as. Hes conceded that hes momentum with johnson as. Hes conceded that hes not momentum with johnson as. Hes conceded that hes not in momentum with johnson as. Hes conceded that hes not in the conceded that hes not in the running. Conceded that hes not in the runninu. , conceded that hes not in the runninu,. , ~ i. ,. Running. Jim, thank you very much indeed. Running. Jim, thank you very much indeed 0n running. Jim, thank you very much indeed. On your running. Jim, thank you very much indeed. On your day running. Jim, thank you very much indeed. On your day off, running. Jim, thank you very much indeed. On your day off, but running. Jim, thank you very much l indeed. On your day off, but theres quite a day off. But Nadhim Zahawi put very appropriately in his tweet as he switched to support rishi sunak from boris as he switched to support rishi sunakfrom borisjohnson, a day is a long time in politics. Thats certainly clear. Let me just remind you as to what we find in the last literally a0 minutes or so. Boris johnson has delivered a statement in which he has said that he is not going to allow his nomination to go forward, and he will commit his support to whoever succeeds. Those are his remarks at the end of a page worth of explanation of his decision not to stand, and which he said he could confirm that he is clear the hurdle of 100 to vote 102 nominations. He could put his nominations. He could put his nomination in tomorrow, and there is a very good chance he says that he would be successful in the election with conservative Party Members. That is probably fairly accurate. I could be back in Downing Street on friday. But ive sadly come to the conclusion this would simply not be the right thing to do. You cant govern effectively unless you have a united party in parliament. He did just add also, i have reached out to both richey and penny. We have sadly not been able to work out a way and doing this rishi. The mordaunt campus said they called and they asked for Boris Johnsons support rather than it being necessarily the other way around. I suspect they were both asking each other if they would stand down and make way for one another. Well, the fact is borisjohnson is now out of the ring again. He only flew back from his holiday in the Dominican Republic a couple of days ago, saying hes up for it, and the point is now that he is not standing after all. So, weve got till two oclock tomorrow afternoon in which time penny mourdant needs to have secured 100 plus nominations. The latest we had at the bbc was that 2a mps had declared publicly for penny mourdant, and she obviously will be hoping that she can draw on a number of those who were going to vote in favour of borisjohnson, although we have heard from Nadhim Zahawi, who not only set a day is a long time in politics, he went on to say its clear we should turn to rishi sunak to become our next Prime Minister. Theres one of the borisjohnson numbers on the sunak route. David morris also appears to have switched to rishi sunak. We will speak to him in a moment if we can get him on the line. Well see. Heres the as a collie quote. The Nadhim Zahawi