Who could replace UK PM Liz Truss: Sunak, Mourdant, Johnson, Hunt

LONDON — British Prime Minister Liz Truss resigned Thursday, bringing to a close a brief 44-day tenure mired by “mini-budget” chaos, economic turmoil and weeks of political infighting.

Speaking outside Downing Street, Truss said she had delivered her resignation to King Charles after meeting with Graham Brady, the leader of the Conservative Party’s 1922 Committee, earlier Thursday.

“Given the situation, I cannot deliver the mandate on which I was elected by the Conservative Party,” she said in a brief speech Thursday afternoon.

The prime minister’s departure follows days of high level resignations, and a growing number of Conservative members of parliament (MPs) publicly calling for Truss’ resignation.

Truss said she will remain in place as caretaker prime minister until a successor is named, with a leadership contest expected to take place over the next week.

Here are the main contenders for the top job:

Rishi Sunak, Britain’s former finance minister and Truss’ main opponent in this year’s Conservative Party leadership race, is now seen as a favorite to replace her.

Despite losing to Truss in the final round of voting by Tory members, he was the top choice among party MPs and is considered a safe pair of fiscal hands. Indeed, after being berated by Truss during the race as a voice of Treasury orthodoxy, his critique of the PM’s “unfunded tax cuts” appears to have been vindicated.

The 42-year-old, who is credited with steering the U.K. economy through the height of the Covid-19 pandemic, is seen by supporters as well-placed to lead the country through its worsening cost-of-living crisis. However, some have questioned his ability to reunite the splintered Conservative Party, having played a key role in Boris Johnson’s ousting, and being implicated in controversy over his wife’s tax status.

As such, some Conservative backbenchers have proposed that a more politically palatable option would be for Sunak to form a joint ticket with fellow leadership contender Penny Mordaunt, with the pair thought to garner enough support together to secure MP backing without the need for a lengthy members’ vote.

Former Defense Secretary Penny Mordaunt surged to prominence during the summer’s leadership race, before finishing in third place to Truss and Sunak.

Broadly seen as a consensus candidate, Mordaunt was second to Sunak in MP voting until the final round of the race, and has since maintained links with Tory MPs in her current role as leader of the House of Commons.

The 49-year-old also escaped largely unscathed from the controversy surrounding Johnson’s departure, and has since demonstrated her leadership…