The race to replace Liz Truss as Prime Minister is on after she announced her resignation on Thursday.
A new leader of the Conservative Party will be in place on Friday 28 October, giving candidates just one week to win over MPs and party members.
Bookmakers are placing Rishi Sunak as the runaway favourite, after Boris Johnson said he would not take part in the contest.
Stakes for Penny Mordaunt, the only other declared candidate in the race, have suffered a sharp slowdown.
Our live tracking is updated hourly with aggregated odds from multiple leading bookmakers.
Candidate Odds The last chance of winning for each candidate, according to the bookies