UK: Final two contenders for PM to be decided soon

The final two candidates running for UK prime minister will be decided on Wednesday, with Foreign Secretary Liz Truss and Penny Mordaunt battling it out with frontrunner and former finance minister, Rishi Sunak.

Sunak was only two votes short of securing his place in the final two after Tuesday's voting, but the race behind him tightened as Truss clawed back five votes to finish only six behind Mordaunt.

The final two will be announced at 4pm (6pm UAE time), before the race then moves to the party members who will decide the new leader and prime minister. The result will be announced on September 5.

Tuesday's vote decides whether Britain will get either its first British Asian prime minister or the third female leader in the country's history.

Sunak, whose resignation helped to topple outgoing leader Boris Johnson, is all but guaranteed to make the final cut. However, Mordaunt -- the one-time bookmaker's favourite -- is now the outsider with punters betting that the right wing of the party will swing behind Truss after Kim Badenoch was voted out on Tuesday.

Former minister David Davis, a backer of Mordaunt, accused Sunak of lending votes to Truss in order to face her in the run off.

"Rishi [Sunak] just re-allocated some (votes) ... He wants to fight Liz, because she's the person who will lose the debate with him," he told LBC Radio.

A YouGov poll published before the vote showed that, despite his popularity with parliamentary colleagues, Sunak was the least appealing candidate to the members. Mordaunt had headed the same poll previously.

She now trails Truss after a damaging few days in which her former boss, one-time UK Brexit pointman David Frost, slammed her work ethic and questions were raised over her stance on certain issues.

In a statement after Tuesday's vote, Mordaunt said: "We are so nearly across the finish line. I am raring to go and excited to put my case to members across the country and win."

The BBC announced on Tuesday that it would host a live televised debate with the final two candidates on Monday, with all remaining candidates agreeing to take part if they get through.

In the two previous televised debates -- on Channel 4 Friday and the ITV network on Sunday -- the contenders clashed notably on whether to cut taxes to help ease a soaring cost of living crisis. This clash turned more acrimonious— and personal— with candidates encouraged to directly criticise one another and their proposals.