Penny Mordaunt is currently the odds-on favourite at the bookies to take over from doomed Prime Minister Boris Johnson.
The trade minister is tipped to become the next Tory party leader with odds as low as 4/1 on Coral bookmakers, narrowly beating Rishi Sunak who stands at 5/1.
In joint third place is Defence Secretary Ben Wallace and Foreign Secretary Liz Truss at 8/1.
