Conservative party grandees intend to install a new UK prime minister by early September when the House of Commons returns from its summer break, according to MPs with knowledge of the plans.
Boris Johnson’s resignation announcement on Thursday triggered an internal contest for electing a new party leader, who will in turn be appointed prime minister by the Queen. Plans for the race will be signed off at a meeting of the party’s 1922 committee of backbench MPs on Monday.
The contest will be run in two stages. In the first, Conservative MPs will whittle down a longlist of candidates to just two. This will be followed by a campaign among the party’s 100,000 members, who will decide the next leader.
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