George Osborne, the Chancellor of the Exchequer, has confirmed that he will not be a candidate in the forthcoming Conservative leadership contest. The contest was caused by the resignation of David Cameron, the Prime Minister, following the UK’s vote to leave the EU.
Osborne, writing in the Times, said:
“It isn’t in my nature to do things by half-measure, and I fought the referendum campaign with everything I’ve got. I believed in this cause and fought hard for it. So it is clear that while I completely accept the result, I am not the person to provide the unity my party needs at this time”.