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Newsday: 24/10/2022 06:06 GMT : Pound gains as Rishi Sunak deemed likely PM

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24/10/2022 06:06 GMT 

24/10/2022 06:06 GMT : Pound gains as Rishi Sunak deemed likely PM

Pound gains as Rishi Sunak deemed likely PM

BBC World Service - Newsday, Pound gains as Rishi Sunak deemed likely PM

The pound has gained against the dollar after Boris Johnson bailed out of leadership race

The pound has gained against the dollar after Boris Johnson dropped out of the Conservative leadership race

The former British prime minister, Boris Johnson, has abandoned his attempt to return to the job just months after he resigned, saying he will not stand in the contest to replace Liz Truss. This leaves the former finance minister, Rishi Sunak, as the front runner.

The United States, Britain and France have condemned Russia's claim that Ukraine is preparing to use a radioactive "dirty bomb" on its own territory.

And disgraced Hollywood movie mogul, Harvey Weinstein, is back in court on rape and sexual assault charges.

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24/10/2022 06:06 GMT : Pound gains as Rishi Sunak deemed likely PM

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