Latest updates: joint executive secretary of 1922 committee says process of choosing new PM will be announced today

According to Sky News, supporters of Priti Patel, the home secretary, are saying there isa a “strong but not 100% chance” that she will declare herself as a candidate later today.

Starmer says all the Tory candidates making “wild” promises should say how they will fund them: by cuts, or by borrowing, or from the magic money tree?

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