TODAY is the final day Rishi Sunak and Liz Truss battle it out to replace Boris Johnson after the Prime Minister said he would quit.
Mr Johnson stepped down after facing one of the biggest rebellions in British political history.
The race to replace him formally began with eight candidates but has now been whittled down to just two: Rishi Sunak and Liz Truss.
Voting in the Tory leadership race officially closes at 5pm today.
Mr Sunak has positioned himself as the economically cautious choice. He's promised not to slash too many taxes until the end of the decade, when he will cut income tax by 20 per cent.
Ms Truss on the other hand has promised a smorgasbord of fiscal giveaways.
She's pledged to reverse the National Insurance hike from day one in office and even introduce a fully costed budget.
Other areas including defence spending, Brexit and foreign policy have also become key wedge issues in the contest.
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Mr Johnson used his final PMQs to offer words of wisdom to his future successor.
"Stay close to the Americans, stick up for the Ukrainians, stick up for freedom and democracy everywhere," he said.
The PM added: "Cut taxes and deregulate wherever you can to make this the greatest place to live and invest, which it is."
Bookies are taking bets on who of Mr Sunak and Ms Truss is most likely to win over the 160,000 or so Tory members who get to vote to decide their new party leader and the next PM.
Ms Truss is the hot favourite to win, with pollsters consistently placing more than 10 points ahead of rival Mr Sunak.
But the final result won't be announced until Monday next week.
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So what are the betting odds now?
Rishi Sunak – Odds: 1/20
BREXIT: Once a leader-in-waiting, the former Chancellor, 42, suffered a hit when his wife was revealed to hold non-dom status.
Party grassroots unhappy at the cost-of-living crisis but has public goodwill for Covid cash.
Liz Truss – Odds: 10/1
REMAIN: Fiercely ambitious, social media-friendly Foreign Secretary, 46, would appeal to the party rank and file as a tax-cutting heir to Thatcher.
Now an advocate of Brexit despite voting Remain in referendum.
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