The former chancellor, who resigned earlier this week, is widely seen as the front-runner to replace Boris Johnson among MPs, councilors and even other Tory leadership contenders, with a senior Conservative source saying: “Everyone will they could live with Rishi’. Mr. Sunak believes that taxes can only be reduced when public finances improve. The Allies stressed that his economic approach is Thatcherite, not Reaganite. The Telegraph can reveal she left the government after a major row last weekend with Mr Johnson over how and when to cut taxes. Mr Sunak, a Johnson ally, is said to have refused to cut corporation tax despite the prime minister’s demands. On Tuesday night, he resigned, fueling the collapse in support that led to Mr Johnson’s resignation. Attacks on Mr Sunak by rivals were mounting on Friday night, with critics describing him as a “socialist chancellor” who raised taxes to their highest level in 70 years. Jacob Rees-Mogg, the Brexit secretary, told the BBC’s Any Questions on Friday night: “I will not be supporting Mr Sunak for Prime Minister. I am in a party that believes in low tax and the former chancellor has talked about low tax and delivered higher taxation.” However, Mr Sunack already has the public support of more than a dozen Tory MPs – more than any other leadership challenger that has gone public. This includes six former cabinet ministers. Mark Spencer, the leader of the Commons, Oliver Dowden, the former Tory leader, Robert Jenrick, the former communities secretary, and Liam Fox, the former defense secretary, were among the prominent Tories who pledged their support. On Friday night, a poll of almost 500 Tory MPs for Channel 4 put Mr Sunak in first place, with 25 per cent of respondents preferring him as the next leader, followed by Liz Truss on 21 per cent and Ben Wallace with 12 percent. cent.
