Rishi Sunak and Penny Mordaunt kept their rival Liz Truss at arm's length in a second round of Tory leadership balloting on Thursday, with Suella Braverman knocked out of the race to be Britain's next prime minister.
Ms Mordaunt's bid to be Britain's third female leader continued to gather momentum as she made the biggest second-round gains, despite a stinging swipe at her credentials from senior Brexiteer Lord Frost and a first major campaign speech by Ms Truss on Thursday.
Former chancellor Mr Sunak remained at the front of the pack with 101 votes, bringing him within sight of the threshold of 120 that will guarantee entry to the final-round vote.
“We are building good, solid momentum,” said Mark Harper, a former chief whip who is part of Mr Sunak’s campaign. “The next round is by far going to the be most important."
With Ms Mordaunt second on 83, Ms Truss, the foreign secretary, has some work to do from her third-place position on 64 - although she will hope to pick up much of Ms Braverman's pro-Brexit support.
Ms Truss used her launch speech to emphasise her cabinet experience compared to the relatively unknown Ms Mordaunt and promise to build an economically stronger "aspiration nation".
But supporters of Ms Mordaunt celebrated the result after she gained 16 new supporters, increasing her lead over Ms Truss. If she does make it to the final pair, polls show her as favourite to win the contest among the 200,000 Conservative members.
Former equalities minister Kemi Badenoch was fourth in Thursday's ballot with 49, while backbench MP Tom Tugendhat is the fifth and final contender still standing after winning 32 votes.
The remaining five contenders will now face a testing bout of three television debates starting with a Channel 4 programme on Friday, with Mr Tugendhat insisting he will stay in the race despite shedding five votes from the first round.
Outsiders Ms Badenoch and Ms Tugendhat will have little to lose from what will be a stiff examination of the three leading contenders, which will come amid an increasingly bitter briefing war between the candidates.
“The campaign for a clean start continues … I will be putting my vision for Britain forward to the public at the TV debates next week,” Mr Tugendhat said.
Ms Braverman, the attorney general, who had positioned herself as a hardline Brexiteer, was eliminated after winning just 27 votes.
Supporters of Jeremy Hunt and Nadhim Zahawi, the two candidates eliminated in Wednesday's first round, appeared to scatter across the field, with allies of Ms Truss arguing that there was little to gain for their candidate from those camps.
While the Braverman and Badenoch blocs are seen as opportunities for Ms Truss to consolidate the Tory right, the 32 votes carried by Mr Tugendhat are more likely to favour Ms Mordaunt if he is eliminated.
Unless anyone drops out, three more votes will be needed on Monday, Tuesday and Wednesday to cut the field down to two. Conservative Party members will then be asked to choose between the two finalists.
There are 358 Tory MPs and the threshold to enter the final round is effectively 120, since it would be mathematically impossible for someone with that many votes to have two opponents in front of them.
The five remaining candidates face a frenetic weekend with three separate televised debates and an increasingly bitter briefing war within the party, despite appeals from MPs to keep things civil.
Speaking after the result was announced, Ms Braverman declined to say who she would back in the Tory leadership contest after she was eliminated from the race – but chose to criticise Ms Mordaunt.
She indicated she would back the candidate who will “stop illegal migration across the Channel”, and deliver “Brexit opportunities”, a “tough line on identity politics” and tax cuts.
Asked about criticisms of Ms Mordaunt, Ms Braverman said: “I disagree with Penny on some key issues, in relation to one specific matter, the maternity Bill that was passed for my benefit when I had my baby last year.
“Penny Mordaunt ... did oppose and did resist the inclusion of the word woman and the word mother and did only concede after unsustainable pressure from the House of Lords.
“I was quite disappointed by the way in which it was handled and the responsible minister I’m afraid didn’t stand up for women.”
Ms Mordaunt was also hit by a remarkable verbal missile on Wednesday from former Brexit negotiator Lord Frost, who said she was so ineffective as a member of his team that he had to ask Prime Minister Boris Johnson to remove her.
“I'm quite surprised that she is where she is in this leadership race,” Lord Frost told Talk TV. “I felt she did not master the detail that was necessary in the negotiations.”
At her launch event, Ms Truss said she would not attack her rival directly but pointedly talked up her own experience in senior cabinet roles, in a thinly-veiled contrast with the relatively unknown Ms Mordaunt.
Ms Truss pitched herself as a candidate ready to “hit the ground running” as prime minister and oversee tax cuts and economic reforms to lift Britain's economy out of a high-price malaise.
She said she had stayed in the cabinet out of loyalty to the departing Mr Johnson but told supporters and journalists she had privately opposed a tax increase that took effect in April.
Mr Sunak meanwhile rejected the suggestion that his considerable personal wealth and background as a banker would make him a poor fit for a country struggling with soaring bills.
He told BBC Radio 4's Today programme that the furlough scheme he oversaw as chancellor was an example of him standing up for less wealthy people.
“I don’t judge people by their bank accounts, I judge them by their character, and I think people can judge me by my actions over the past couple of years,” she said.
Mr Tugendhat said rival candidates were trying to lure him into their camp but that he would not withdraw from the race because some MPs might change their minds.
The former soldier, the only candidate still standing who did not serve in any ministerial role under Mr Johnson, said he was “untainted by the last two years” of scandal surrounding the government.
Mr Johnson, who bowed to a cabinet mutiny and announced his resignation last Thursday, is expected to leave Downing Street the day after the new Tory leader is chosen, meaning the new prime minister will take office on September 6.
Conservatives on the campaign trail — in pictures
COMPANY%20PROFILE%3A
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20Envision%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2017%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3EKarthik%20Mahadevan%20and%20Karthik%20Kannan%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20The%20Netherlands%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20Technology%2FAssistive%20Technology%3Cbr%3E%3Cstrong%3EInitial%20investment%3A%3C%2Fstrong%3E%20%241.5%20million%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%3C%2Fstrong%3E%2020%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20Seed%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%204impact%2C%20ABN%20Amro%2C%20Impact%20Ventures%20and%20group%20of%20angels%3C%2Fp%3E%0A
Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
FOOTBALL TEST
Team X 1 Team Y 0
Scorers
Red card
Man of the Match
ENGLAND SQUAD
Goalkeepers Pickford (Everton), Pope (Burnley), Henderson (Manchester United)
Defenders Alexander-Arnold (Liverpool), Chilwell (Chelsea), Coady (Wolves), Dier (Tottenham), Gomez (Liverpool), James (Chelsea), Keane (Everton), Maguire (Manchester United), Maitland-Niles (Arsenal), Mings (Aston Villa), Saka (Arsenal), Trippier (Atletico Madrid), Walker (Manchester City)
Midfielders: Foden (Manchester City), Henderson (Liverpool), Grealish (Aston Villa), Mount (Chelsea), Rice (West Ham), Ward-Prowse (Southampton), Winks (Tottenham)
Forwards: Abraham (Chelsea), Calvert-Lewin (Everton), Kane (Tottenham), Rashford (Manchester United), Sancho (Borussia Dortmund), Sterling (Manchester City)
SPECS
Toyota land Cruiser 2020 5.7L VXR
Engine: 5.7-litre V8
Transmission: eight-speed automatic
Power: 362hp
Torque: 530Nm
Price: Dh329,000 (base model 4.0L EXR Dh215,900)
How%20to%20avoid%20getting%20scammed
%3Cul%3E%0A%3Cli%3ENever%20click%20on%20links%20provided%20via%20app%20or%20SMS%2C%20even%20if%20they%20seem%20to%20come%20from%20authorised%20senders%20at%20first%20glance%3C%2Fli%3E%0A%3Cli%3EAlways%20double-check%20the%20authenticity%20of%20websites%3C%2Fli%3E%0A%3Cli%3EEnable%20Two-Factor%20Authentication%20(2FA)%20for%20all%20your%20working%20and%20personal%20services%3C%2Fli%3E%0A%3Cli%3EOnly%20use%20official%20links%20published%20by%20the%20respective%20entity%3C%2Fli%3E%0A%3Cli%3EDouble-check%20the%20web%20addresses%20to%20reduce%20exposure%20to%20fake%20sites%20created%20with%20domain%20names%20containing%20spelling%20errors%3C%2Fli%3E%0A%3C%2Ful%3E%0A
Director: Laxman Utekar
Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna
Rating: 1/5
Manchester United v Club America
When: Thursday, 9pm Arizona time (Friday UAE, 8am)
What can victims do?
Always use only regulated platforms
Stop all transactions and communication on suspicion
Save all evidence (screenshots, chat logs, transaction IDs)
Report to local authorities
Warn others to prevent further harm
Courtesy: Crystal Intelligence
The End of Loneliness
Benedict Wells
Translated from the German by Charlotte Collins
Sceptre
Sholto Byrnes on Myanmar politics
The biog
Profession: Senior sports presenter and producer
Marital status: Single
Favourite book: Al Nabi by Jibran Khalil Jibran
Favourite food: Italian and Lebanese food
Favourite football player: Cristiano Ronaldo
Languages: Arabic, French, English, Portuguese and some Spanish
Website: www.liliane-tannoury.com
PROFILE OF STARZPLAY
Date started: 2014
Founders: Maaz Sheikh, Danny Bates
Based: Dubai, UAE
Sector: Entertainment/Streaming Video On Demand
Number of employees: 125
Investors/Investment amount: $125 million. Major investors include Starz/Lionsgate, State Street, SEQ and Delta Partners
Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
4. More beneficial VAT and excise tax penalty regime
Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.
5. Greater emphasis on statutory audit
There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.
6. Further transfer pricing enforcement
Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.
7. Limited time periods for audits
Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
9. Reduced compliance obligations for imported goods and services
Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.
10. Substance and CbC reporting focus
Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.
Contributed by Thomas Vanhee and Hend Rashwan, Aurifer
Adele: The Stories Behind The Songs
Caroline Sullivan
Carlton Books
Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
The Library: A Catalogue of Wonders
Stuart Kells, Counterpoint Press
Abaya trends
The utilitarian robe held dear by Arab women is undergoing a change that reveals it as an elegant and graceful garment available in a range of colours and fabrics, while retaining its traditional appeal.
'The Last Days of Ptolemy Grey'
Rating: 3/5
Directors: Ramin Bahrani, Debbie Allen, Hanelle Culpepper, Guillermo Navarro
Writers: Walter Mosley
Stars: Samuel L Jackson, Dominique Fishback, Walton Goggins
UAE v Gibraltar
What: International friendly
When: 7pm kick off
Where: Rugby Park, Dubai Sports City
Admission: Free
Online: The match will be broadcast live on Dubai Exiles’ Facebook page
UAE squad: Lucas Waddington (Dubai Exiles), Gio Fourie (Exiles), Craig Nutt (Abu Dhabi Harlequins), Phil Brady (Harlequins), Daniel Perry (Dubai Hurricanes), Esekaia Dranibota (Harlequins), Matt Mills (Exiles), Jaen Botes (Exiles), Kristian Stinson (Exiles), Murray Reason (Abu Dhabi Saracens), Dave Knight (Hurricanes), Ross Samson (Jebel Ali Dragons), DuRandt Gerber (Exiles), Saki Naisau (Dragons), Andrew Powell (Hurricanes), Emosi Vacanau (Harlequins), Niko Volavola (Dragons), Matt Richards (Dragons), Luke Stevenson (Harlequins), Josh Ives (Dubai Sports City Eagles), Sean Stevens (Saracens), Thinus Steyn (Exiles)
If you go
The flights
The closest international airport for those travelling from the UAE is Denver, Colorado. British Airways (www.ba.com) flies from the UAE via London from Dh3,700 return, including taxes. From there, transfers can be arranged to the ranch or it’s a seven-hour drive. Alternatively, take an internal flight to the counties of Cody, Casper, or Billings
The stay
Red Reflet offers a series of packages, with prices varying depending on season. All meals and activities are included, with prices starting from US$2,218 (Dh7,150) per person for a minimum stay of three nights, including taxes. For more information, visit red-reflet-ranch.net.
Thor: Ragnarok
Dir: Taika Waititi
Starring: Chris Hemsworth, Tom Hiddleston, Cate Blanchett, Jeff Goldblum, Mark Ruffalo, Tessa Thompson
Four stars
More on Yemen's civil war
Key findings of Jenkins report
- Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
- Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
- Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
- Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."
Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.