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Eight MPs shortlisted to become Britain’s new leader

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Eight Conservative MPs made the cut and onto the shortlist as the party races to replace Boris Johnson and install a new leader

Eight conservative members of parliament made it past the first hurdle – getting onto the shortlist.

The crowded field meant the committee overseeing the voting process had to narrow the herd fast.

From 11 initial candidates before today, Savid Javid and Grant Shapps dropped out ahead of the deadline – presumably because they had already canvassed they wouldn’t receive the required backing of at least 20 colleagues.

So too did Rehman Chishti – a wildcard entrant with no major public profile before he threw his hat in the ring.

Those remaining face their first round on Wednesday.

Progressive rounds of voting will automatically knock out whichever candidates don’t meet an ever-increasing benchmark.

The candidates who received the strongest backing ahead of today’s shortlist were Rishi Sunak, Liz Truss and Penny Mordaunt.

As of now, they face the strongest chances of making it to subsequent rounds.

The remaining five face tougher odds

Kemi Badenoch

Nadhim Zahawi

Jeremy Hunt

Tom Tughendhat

Suella Braverman

Boris Johnson will remain interim prime minister until September 5


Simon is a ticker NEWS corespondent in London. Simon started his career in his hometown of Sydney as a news video producer for NineMSN, then moved to the UK with Good Morning Britain on ITV, followed by a TV reporter for a local news service in Manchester in England’s north. Simon joins ticker News after several years in the London headquarters of ITN Productions as a news producer, and as an assistant news editor for ITV News.

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Leaders

Trump does not want another debate rematch with Harris

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Republican nominee Donald Trump said on he would not participate in another presidential debate against Kamala Harris ahead of the Nov. 5 election.

“THERE WILL BE NO THIRD DEBATE!” the former president wrote on social media site Truth Social.

Although Trump touted his performance on Tuesday against Harris, six Republican donors and three Trump advisers believe Harris had won the debate largely because Trump was unable to stay on message, according to a report by Reuters. #featured #trending

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Billionaire & engineer make history after world’s first private space mission

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A billionaire and an engineer have made history with the world’s first private spacewalk aboard SpaceX’s Crew Dragon capsule.

Jared Isaacman and Sarah Gillis stepped outside SpaceX’s Crew Dragon capsule for nearly two hours, tethered to the craft as it orbited Earth.

This risky mission tested new spacesuits and technology, pushing the limits of private space travel. #featured #trending

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Money

What to expect for IPO markets

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With high interest rates and geopolitical uncertainty–what’s in store for IPO markets?

As the second half of 2024 begins, the IPO market is poised for a potential rebound after a sluggish start to the year.

With improving economic conditions and renewed investor confidence, more companies seem to be considering going public, creating market optimism.

However, challenges such as inflation and geopolitical uncertainties remain key factors to watch.

Dean Quiambao, a partner at Armanino joins Veronica Dudo to discuss what experts are predicting for the IPO landscape in the coming months and how businesses are positioning themselves for success.

#IN AMERICA TODAY #trending #IPO #IPOmarkets #ratecuts

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