Main contenders Rishi Sunak Latest odds: 3.3 / 1 It had seemed that the former chancellor"s star had faded when he was fined for Partygate and after questions about his wife"s tax status. But since taking the lead in the cabinet resignations which prompted the PM"s departure, his odds improved. Penny Mordaunt Latest odds: 0.7 / 1 The trade minister has a military background and is a relative moderate. Liz Truss Latest odds: 2.7 / 1 The foreign secretary has the backing of many on the right of the party. Tom Tugendhat Latest odds: 100 / 1 The prominent backbencher and relative centrist has some support but little experience. Kemi Badenoch Latest odds: 25 / 1 The former minister for levelling up has the support of Michael Gove.