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Tories turf out Tugendhat as UK contest becomes personal

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Tom Tughendhat eliminated from Conservative contest to replace Boris Johnson

Tom Tugendhat has been cut from the race to replace Boris Johnson amid an increasingly personal contest to become UK PM

Conservative MP Tom Tugendhat is no longer in the running – as four Conservative MPs continue to vie for Britain’s top political office.

Rishi Sunak
Rishi Sunak is emerging as the favourite among Conservative MPs as they vote to replace Boris Johnson

In the latest round of votes, Tugendhat scored just 30 party backers, the lowest of the five remaining candidates – ending his chances at a tilt at Britain’s prime ministership.

It comes as a debate scheduled to take place on Tuesday with UK broadcaster Sky News was cancelled amid reports Rishi Sunak and Liz Truss refused to attend.

UK Foreign Secretary Liz Truss

The contest has become increasingly personal.

Conservative voices have aired their concerns that the candidates are beginning to attack each other – instead of appearing as a united party.

Broadcaster ITV’s Sunday evening debate saw former Chancellor Rishi Sunak and Foreign Secretary Liz Truss appear increasingly frustrated, even hostile, attacking each other’s tax promises.

Meanwhile, in Westminster, the UK government called a “confidence vote” on itself in a bid to stave off pressure from Labour and Boris Johnson’s critics.

Labour’s Sir Keir Starmer has voiced his desire to see Boris Johnson out of Downing Street immediately – concerned that Mr Johnson will continue to have all the trappings of prime ministerial power for weeks and weeks.

But the tactic is likely little more than a political manoeuvre.

Mr Johnson is likely to win the vote of confidence his party brought on him on Monday – guaranteeing he stays in the top job 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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