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U.K. Tories Vote for May’s Successor After Johnson Plays It Safe

  • Favorite vows to stick up for business, work for Brexit deal
  • Conservative MPs vote from 10 a.m.; result expected 1 p.m.
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Johnson launched his campaign with a speech outlining his plans for Brexit.Source: Bloomberg
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Conservative Members of Parliament will cast ballots Thursday in the first round of voting to find a successor to U.K. Prime Minister Theresa May, a day after the favorite, Boris Johnson, played it safe as he launched his leadership campaign.

Ten candidates are vying for the top job, and at least one is certain to be eliminated in the secret ballot, with a result expected at about 1 p.m. in London. As well as the last-placed politician, those failing to garner at least 17 votes from the party’s 313 MPs will be out of the running, leaving the others to face more ballots next week.