Sunak confirms PM bid as Rees-Mogg says Johnson will run

BBC Summary

Former Chancellor Rishi Sunak confirms he is in the race to be the next Conservative leader - and prime minister - saying he wants to "fix our economy".

Business Secretary Jacob Rees-Mogg tells the BBC Boris Johnson "will clearly stand" for the party leadership.

The BBC’s tally of public declarations of support currently has 130 MPs for Sunak, 55 for Johnson and 23 for Penny Mordaunt - candidates need 100 by Monday.

Penny Mordaunt tells Sunday with Laura Kuenssberg she regrets Liz Truss's mini-budget and would keep Jeremy Hunt as chancellor.

Labour leader Sir Keir Starmer reiterates his call for a general election, adding "any incoming government will have to pick up the mess".