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more now on the day ahead in the uk, and we could know as early as this afternoon who the next leader of the conservative party is and therefore our prime minister. as you ve been hearing, borisjohnson has pulled out of the contest, saying the time isn t right and would not lead to much needed party unity. this leaves two contenders former chancellor rishi sunak and the leader of the house of commons, penny mordaunt, with mr sunak currently the front runner. by 2pm this afternoon if penny mordaunt hasn t got 100 backers or more, then rishi sunak is in post. if both candidates are still in play, then mps vote to state their preference. let s take a look at how the markets are trading today during asian time. we have the dollar versus again, i was hoping to show you the pound but the detail is not on that particular screen, when i looked at it months ago the pound was buying just over $1 13 cents, fairly steady versus the dollar and up slightly versus euro. joining me n ....
there are conversations going on between penny mordaunt and other conservative mps or vinay and as we speak no, so the numbers are not an issue as far as we are concerned. it comes after borisjohnson put an end to days of speculation about a comeback when he dramatically pulled out of the race saying it would not be the right thing to do . rishi sunak praised borisjohnson for his achievements after he pulled out of the race. nominations close at 2pm so we could know who the next resident of the building behind me will be shortly after that. we ll be bringing you updates throughout the day. good morning and welcome to bbc news. we could find out who s replacing liz truss as prime minister as early as this afternoon. tory mps have until 2pm to make their nominations and each candidate needs at least 100 backers. if only one achieves that, they ll be declared prime minister today. if both reach 100 there ll be an mps ballot this afternoon and then party members this we ....
Cattle traders protest Plateau govt's two-week ultimatum to vacate market dailytrust.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytrust.com Daily Mail and Mail on Sunday newspapers.