Britain’s former finance minister Rishi Sunak has emerged as the front-runner to be the country’s next prime minister, after Boris Johnson dramatically dropped out of the race to be Conservative Party leader.

The current prime minister, Liz Truss, resigned last week after just six disastrous weeks in office. Graham Brady, the Conservative official responsible for the leadership contest, said a new prime minister would be in place by Friday.

Candidates to replace Truss have until 2 p.m. (9 a.m. ET) on Monday to secure the support of 100 Conservative Party lawmakers to enter the race to become the party – and the country’s – new leader.

Source:CNN