London | Former chancellor Rishi Sunak emerged on Friday as the early frontrunner to become the next British prime minister, after Liz Truss quit, ending a 45-day premiership that collapsed into chaos at breathtaking speed.
The Conservative Party will now conduct a breakneck leadership election, which will conclude by October 28 at the latest. Ms Truss will remain in Downing Street as caretaker PM until a new leader is chosen.
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Hans van Leeuwen covers British and European politics, economics and business from London. He has worked as a reporter, editor and policy adviser in Sydney, Canberra, Hanoi and London. Connect with Hans on Twitter. Email Hans at hans.vanleeuwen@afr.com
