Nadhim Zahawi announces ambition to be next UK prime minister

UK chancellor Nadhim Zahawi, who has launched a Tory leadership bid (Stefan Rousseau/PA)

Newly-appointed British chancellor Nadhim Zahawi has thrown his hat into the ring for Tory leader, joining his predecessor Rishi Sunak, and becoming the second Cabinet minister to declare their ambition in the space of an hour.

The former education secretary is the third serving UK government minister to kick off their campaign for the leadership, after Mr Shapps and Attorney General Suella Braverman announced their intentions to run.