Rishi Sunak hits threshold for PM race; gets support from 20 MPs

Pledges tax cuts once inflation is under control

Former UK Chancellor Rishi Sunak on Tuesday emerged as one of the early candidates to hit the threshold of 20 supporting Conservative Party members of Parliament for his nomination to compete for the post of leader and the next British PM, to be announced on September 5. The 42-year-old British Indian MP for Richmond in Yorkshire maintains his lead in the race to replace Boris Johnson as nominations formally opened for the contest. The prime ministerial hopefuls have until 6 pm local time to get their nominations in, with Trade Minister Penny Mordaunt, new Chancellor Nadhim Zahawi and Tory backbencher