U.K. opposition chiefs call for new election as Rishi Sunak poised to become 3rd Tory leader in 7 weeks

Britain's former treasury secretary, Rishi Sunak, became the prohibitive favorite to win leadership of the Conservative Party and become Britain's next prime minister — the third in seven weeks — after main rival Boris Johnson dropped his comeback bid Sunday night.

Johnson, who resigned amid scandal in July, claimed in a statement that "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 he has "sadly come to the conclusion that this would simply not be the right thing to do."

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Peter Weber, The Week US

Peter has worked as a news and culture writer and editor at The Week since the site's launch in 2008. He covers politics, world affairs, religion and cultural currents. His journalism career began as a copy editor at a financial newswire and has included editorial positions at The New York Times Magazine, Facts on File, and Oregon State University.