Boris Johnson has withdrawn from the race to be named the new leader of the Conservative party, leaving just Rishi Sunak and Penny Mordaunt in the running.
Despite swirling rumours that Mr Johnson would reclaim his title as Prime Minister, he has officially stepped back from the leadership contest, saying it is 'simply not the right time'.
It's widely expected that former chancellor Mr Sunak will be announced as the new PM as early as today - he has a commanding lead over Ms Mordaunt, The Manc reports.
The search for a new Tory leader began last week after Liz Truss resigned after just 44 days, making her the shortest-serving Prime Minister in history.
Mr Johnson's withdrawal from the leadership contest has turned it into a two-horse race.
Either Penny Mordaunt or Rishi Sunak is expected to be the new PM. Credit: Twitter, @pennymordaunt / Flickr
Both will need to have the support of 100 MPs by this afternoon - Mr Sunak has already reached this target.
If either of them has fewer than 100 supporters, the other will automatically be named the new leader of the Conservative party and PM.
Mr Johnson said, withdrawing from the leadership contest last night, that it was 'simply not the right time'.
He said that although he believes he stood a 'very good chance' of getting back into Downing Street, he couldn't 'govern effectively unless you have a united party in parliament'.
His statement also added that he has 'much to offer' and is 'well placed to deliver a Conservative victory in 2024', while stressing that an earlier general election would be 'disastrous'.
Since his resignation, Ms Mordaunt said: "In taking this difficult decision last night @BorisJohnson has put country before party, and party before self. He worked to secure the mandate and the majority we now enjoy."
We should put it to good use, and I know he will work with us to do so.
Mr Johnson's full statement reads: "In the last few days I have been overwhelmed by the number of people who suggested that I should once again contest the Conservative party leadership, both among the public and among friends and colleagues in parliament.
"I have been attracted because I led our party into a massive election victory less than three years ago - and I believe I am therefore uniquely placed to avert a general election now.
"A general election would be a further disastrous distraction just when the government must focus on the economic pressures faced by families across the country.
"I believe I am well placed to deliver a Conservative victory in 2024 - and tonight I can confirm that I have cleared the very high hurdle of 102 nominations, including a proposer and a seconder, and I could put my nomination in tomorrow. There is a very good chance that I would be successful in the election with Conservative Party members - and that I could indeed be back in Downing Street on Friday.
"But in the course of the last days I have sadly come to the conclusion that this would simply not be the right thing to do. You can’t govern effectively unless you have a united party in parliament.
"And though I have reached out to both Rishi and Penny - because I hoped that we could come together in the national interest - we have sadly not been able to work out a way of doing this.
"Therefore I am afraid the best thing is that I do not allow my nomination to go forward and commit my support to whoever succeeds.
"I believe I have much to offer but I am afraid that this is simply not the right time."
By 2pm today, the 1922 committee will announce who has made it onto the ballot.
Featured image: Flickr / Flickr
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10 of the best graduation deals in Leeds this celebration season
You’ve spent over three years studying and now it’s time to say celebrate so we’ve rounded up some of the best places in Leeds for you to do so.
Those all-nighters in the library are now a distant memory.
It’s time to celebrate all the hard work you’ve put in over the years and what better way to spend it than eating delicious food and raising a toast to yourself.
Whether you’re celebrating with family, friends or a loved one. We’ve sorted you some of the best deals on offer, from free glasses of beer Prosecco, to 2 for 1 cocktails and discounted set menus.
Tattu
29 E Parade, LS1 5PS
Images: The Manc Group
The ‘Power of Wisdom’ set menus are available for £37.50 for lunch and £45.50 for dinner, with graduates receiving an ‘Elixir of Life cocktail’, or a complimentary glass of Prosecco.
Enjoy three courses with a glass of Prosecco on arrival for £55; you can even upgrade to the proper stuff and pay an extra tenner for Moët & Chandon Champagne for each person.
Fancy Italian? Freshly crowned graduates dining from the special set menu can enjoy a bonus Bellini to toast their success.
Flight Club
1-2 S Parade, LS1 5QL
Image: The Hoot Leeds
As a congratulations to the city’s graduating students, Flight Club has lined up a treat for the class of 2026. Any guest with a valid student ID or graduation certificate can raise a toast to the celebrations with a complimentary bottle of prosecco for the group when they book a game of Social Darts.
CrowdedHouse
Level 5 & 6, Trinity Centre, 70 Boar Ln, LS1 6HW
Images: The Hoot Leeds
Enjoy your celebrations whilst taking in jaw dropping panoramic views of the city at Leeds' newest rooftop hangout. Their set menu offering two courses for £26 or three courses for £30 is not one to be missed.
Book a table at one of Leeds' most celebrated restaurants and enjoy a free glass of prosecco as a cheers to you. Available until Sunday 16 July and you must mention graduation when booking.
Uyare
Victoria Gate 3rd Floor, Rooftop, George St, LS2 7AU
Image: The Hoot Leeds
As a graduate, you can enjoy 15% off your bill when you book with the code 'GRADUATESOF26'. Plus, you'll receive a complimentary glass of prosecco to toast the occasion.
Banksia
2 Lower Briggate, LS1 4AE
Images: The Hoot Leeds
At this Mediterranean-inspired restaurant, graduates will eat for free - now that is an offer. Enjoy the special graduate set menu priced at £39 for three courses, with graduates eating for free with two paying customers.
Enjoy Blackhouse Gastrobar's fabulous steaks and seasonal dishes with a free glass of prosecco for every graduate, plus if you're a table of six you'll get an entire bottle on the house. We'll cheers to that.
Sheffield sisters open second matcha cafe just months after launching their first
Clementine Hall
There's just no stopping these sisters, as The Matcha Spot announces second site.
Yes, it's another matcha story but we've got to say, we're very excited about this one.
Let's back track to last year when The Matcha Spot popped up in The Moor and made a name for themselves for selling the most wonderful green creations in the city.
Fast forward to February, they opened up their first permanent spot in the city centre on Campo Lane which was a resounding success.
Images: The Sheff
Their focus is serving good quality matcha in all shapes and sizes, our personal favourite being the blondie matcha that is the perfect afternoon pick me up.
It's become such a success, that The Matcha Spot sisters are now opening a second site in Sheffield just months after opening their first.
The Matcha Spot 2.0 will be located on Ecclesall Road and will be opening next month, so we really don't have long to wait.
Image: The Sheff
Announcing the very exciting news to Instagram, The Matcha Spot said: "Our second home is here! Thank you SO much for all your support!! We’re so excited to be opening our second location for you to get your matcha fix…..
"281 Ecclesall Road. Coming soon."
We couldn't be happier for the girls, and we couldn't think of anyone more deserving of the success. We'll see you on the opening date ready and raring to get our hands on a white chocolate and raspberry matcha.