Ex-Chancellor Rishi Sunak has confirmed he is standing to become next Prime Minister of the UK.
Sunak had a previous unsuccessful attempt at becoming the leader of the country, losing out to Liz Truss just weeks ago in the Tory leadership race.
The 42-year-old will now face-off against Penny Mordaunt, the only other candidate who has confirmed a bid to become PM.
Boris Johnson may also provide opposition to Rishi Sunak, after the former Prime Minister cut short his holiday in the Caribbean to return to the UK.
Declaring his prime ministerial ambitions, Rishi Sunak tweeted: “I served as your chancellor, helping to steer our economy through the toughest of times.
Sunak lost out to Liz Truss in the last leadership contest.
Ben Birchall
“The challenges we face now are even greater. But the opportunities, if we make the right choice, are phenomenal.
“I have the track record of delivery, a clear plan to fix the biggest problems we face and I will deliver on the promise of the 2019 manifesto.
“There will be integrity, professionalism and accountability at every level of the government I lead and I will work day in and day out to get the job done.
“I am asking you for the opportunity to help fix our problems. To lead our party and country forwards towards the next general election, confident in our record, firm in our convictions and ready to lead again”.