Rishi Sunak set to become next Prime Minister of UK as challenger Penny Mordaunt withdraws

Sunak pulled off a stunning reversal of fortunes mere weeks after he lost out to Liz Truss to lead the ruling Tories

Sunak had crossed the required tally by Friday and continues to remain the only leader to do so

He will also be the country's first leader of colour

Penny Mordaunt - the current Leader of the House of Commons.