As there are five candidates, every Tuesday and Thursday from July 5, secret ballots will be held until two candidates emerge. This will be among 330,000 Conservative members. When the final two candidates emerge, a secret ballot will take place and one final one will be chosen. Result will be announced on September 9.
Michael Gove is likely to be announced as the new Prime Minister. He plans to postpone triggering clause 50 until 2017. By this I believe he is adding 113 days to the 75 days delay that would already have happened by September 9th. With two year limit to negotiations we are just adding another six months to one year to worldwide market uncertainty. Ideally he should trigger clause 50 as soon as possible after he is appointed so that EU/UK can start formal negotiations.
Nagindas Khajuria
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