Boris Johnson drops out of UK PM race, says ‘Not The Right Time’

Former Prime Minister of the United Kingdom, Boris Johnson on Sunday dramatically ended an audacious bid to return to power within weeks of having been ousted, announcing he would not run to replace outgoing leader Liz Truss.

The surprise decision, which the ex-leader said he had reached reluctantly after recognising he would not lead “a united party in parliament”, removes a major obstacle to his political foe, former finance minister Rishi Sunak, becoming prime minister.

That could now happen as soon as Monday.

58-year-old Johnson said he had reached out to both Sunak and cabinet member Penny Mordaunt who launched her leadership campaign on Friday to “come together in the national interest”.

But the three of them had “not been able to work out a way of doing this.”

“Therefore I am afraid the best thing is that I do not allow my nomination to go forward and commit my support to whoever succeeds.

“I believe I have much to offer but I am afraid that this is simply not the right time,” he said in a statement.

Earlier on Sunday, Sunak formally announced he was standing for the top job, just weeks after having failed in a first attempt.

The former finance minister vowed “integrity, professionalism and accountability” and to lead Britain out of “profound economic crisis.

“I want to fix our economy, unite our party and deliver for our country,” he said in a short statement posted on Twitter confirming his widely expected candidacy.