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Leadership Race 1) Osborne: I’m out

OSBORNE George official‘I will not be a candidate in the Conservative leadership election to come. It isn’t in my nature to do things by half-measure, and I fought the referendum campaign with everything I’ve got. I believed in this cause and fought hard for it. So it is clear that while I completely accept the result, I am not the person to provide the unity my party needs at this time. Instead, as chancellor, I will be 100 per cent focused on providing the economic stability and reassurance Britain needs. And I will do all I can to support the new prime minister in bringing our party back together and tackling the country’s challenges.’ – The Times (£)

>Today: ToryDiary: Who should be the next Conservative leader? And should there be a snap election? Take our monthly survey

>Yesterday: Nick Boles on Comment: I’m a moderniser. I backed Remain. And here’s why I believe Johnson should be the next Conservative leader

Leadership Race 2) Positive YouGov poll for May

‘Support for Theresa May has soared, making her more popular than Boris Johnson in the race to become Tory leader, a poll for The Times shows. The home secretary is the favourite to replace the prime minister, according to a YouGov poll that shows her as the preferred successor among Conservative voters: 31 per cent back her, against 24 per cent for Mr Johnson. In April Mr Johnson was on 36 per cent and Mrs May on 14 per cent. Mrs May is also narrowly ahead among the public, with 19 per cent against 18 per cent for the former London mayor.’ – The Times (£)

>Today: Nicky Morgan on Comment: Lessons from Loughborough. Why our Party needs moderate, engaged, mainstream leadership

Leadership Race 3) The decision will be settled by the start of September

conservativetree‘David Cameron’s successor as Conservative leader and prime minister should be elected by September 2, senior Tories have announced, in a fast-track contest that is likely to help Boris Johnson in his bid to reach Number 10. Nominations for the new leader should open on Wednesday evening and close on Thursday lunchtime, a tight timetable giving little time for low-key candidates to gather support among MPs or Conservative grassroots supporters in the country…The rules of the contest were agreed by the influential 1922 Committee of backbench MPs. “The country doesn’t want us to hang around,” said one who attended the meeting.’ – FT

>Yesterday:

Leadership Race 4) Crabb and Javid discuss ‘dream team’ ticket

‘A blue collar ‘dream team’ of two working class Tory Cabinet ministers are planning to run to stop Boris Johnson becoming PM. Leadership hopeful Stephen Crabb was last night in talks with Sajid Javid to become his deputy on the ticket. The Work and Pensions Secretary and the Business Secretary are being pushed by younger Tory MPs elected in 2010 and 2015. The duo are being seen as representing a new generation of Tories with humble roots closer to the general public, in stark contrast to the “Bullingdon Club” era of Old Etonians, David Cameron and Mr Johnson.’ – The Sun (£)

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