Rishi Sunak is currently the bookies favourite to take over from the outgoing Prime Minister Boris Johnson. The former chancellor is tipped to become the next Tory party leader with odds as low as 4/1 on Bet 365 bookmakers, narrowly beating Penny Mordaunt who stands at 11/2.
In joint third place are Sajid Javid, who resigned as health secretary on Tuesday, and Dominic Raab at 7/1. The next favourite to take the top spot is defence secretary Ben Wallace at 8/1.
Meanwhile, Bet 365 has Liz Truss sitting in joint sixth place alongside Jeremy Hunt and Nadhim Zahawi at 10/1. Tom Tugendhat, Chairman of the Foreign Affairs Committee, closely follows at 12/1.