Nadhim Zahawi and Grant Shapps enter race to become next Prime Minister

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Nadhim Zahawi and Grant Shapps enter race to become next Prime Minister
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Newly appointed Chancellor Nadhim Zahawi has also entered the Tory leadership contest

The Transport secretary launched his leadership bid by telling the Sunday Times he was ruling out a general election, and saying he would produce an emergency budget, instructing his chancellor to cut personal tax for the most vulnerable and giving state support to firms with high levels of energy consumption.

Mr Shapps added: "It is easy to criticise Boris after keeping one's head down for years while being happy to benefit from his patronage. I am glad that I did not do that. Setting out his pitch Mr Zahawi wrote: ""My aim is a simple one: to provide the opportunities that were afforded to my generation, to all Britons, whoever you are and wherever you come from."Thanks to Brexit, we are now a free nation. Let's not just talk about the opportunities that follow, let's take them.""We cannot tax our way into prosperity. We know it is not Labour or the Lib Dems who offer the country solutions.

Mr Sunak has enjoyed early support from senior Tories such as Oliver Dowden, Liam Fox and Mark Harper.

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