Tom Rivers ABC News - October 24, 2022 - KRDO’s Morning News

Former British Prime Minister Boris Johnson announced Sunday he will not run to lead the Conservative Party, ending a short-lived, high-profile attempt to return to the prime minister's job he was ousted from little more than three months ago. His withdrawal leaves former Treasury chief Rishi Sunak the strong favorite to become Britain's next prime minister — the third this year — at a time of political turmoil and severe economic challenges. He could win the contest as soon as Monday. Johnson, who was ousted in July amid ethics scandals, had been widely expected to run to replace Liz Truss, who quit last week after her tax-cutting economic package caused turmoil in financial markets, was rapidly abandoned and obliterated her authority inside the governing party.