# UK Conservative Party to announce new leader on Nov. 2
Author: Pal sinha, Barnali
Author URL: https://startupobserver.com/author/pal-sinha-barnali/
Published: 2024-07-23
Category: Headlines
Category URL: https://startupobserver.com/category/headlines/
Meta Title: Britain's Conservative Party to Name New Leader on Nov. 2
Meta Description: Stay informed on the latest news about the Conservative Party's leadership race, nominations, and upcoming election. Learn more about the candidates vying for the top position.
URL: https://startupobserver.com/uk-conservative-party-to-announce-new-leader-on-nov-2/

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LONDON (Reuters) -Britain’s [Conservative](https://startupobserver.com/britains-labour-party-wins-by-election-in-southwestern-english-town/) Party said on Monday it will name its new leader on Nov. 2, following the party’s worst-ever election performance this month that prompted former Prime Minister Rishi [Sunak](https://startupobserver.com/britains-prime-minister-sunak-congratulates-erdogan-on-election-win/) to say he would stand down.

Sunak will remain acting leader until the appointment of a successor, the [Conservative](https://startupobserver.com/spanish-conservatives-retain-majority-in-galicia-regional-vote/) Party said in a statement.

The leadership contest will see the party narrow down the field of nominations to four candidates who will make their case at the Conservative Party conference.

The nominations will further narrow down to two candidates, following which party members will vote for a [leader](https://startupobserver.com/spanish-conservatives-retain-majority-in-galicia-regional-vote/).

The Times, which was first to report the contest, said up to eight candidates were expected to put their names forward.

Sunak’s election campaign ended in failure on July 4, when the centre-left Labour Party, led by Keir Starmer, won a landslide victory that ended 14 years of Conservative-led government.

Sunak said in his final speech outside the prime minister’s Downing Street office that he would quit as leader of the [party](https://startupobserver.com/uks-labour-to-back-out-of-28-billion-stg-green-pledge-bbc/) once formal arrangements for his successor were in place.

(Reporting by William James, Elizabeth Piper and Utkarsh Shetti; Editing by Bill Berkrot and Rod Nickel)


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