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Rishi Sunak vs Liz Truss: Who will be the UK's next PM ?

The process of electing a new leader of the UK's ruling party, the Conservative Party, will be completed on Monday.

The leader of the Conservative Party will become the new Prime Minister of the UK.

The next prime minister of the U.K. will be announced Monday following a grueling, and at times bitter, leadership contest within the ruling Conservative Party.

Liz Truss or Rishi Sunak is in the final race for the leader of the party. Although the voting process was over on Friday, the results will be announced only on Monday​​​​​​.

The winner of the leadership contest will be announced at 12:30 BST, before then taking office on Tuesday after the formal appointment by the Queen.

The leadership election was triggered when current Prime Minister Boris Johnson announced he would be resigning on July 7.

Truss has been a firm front-runner in the contest among Conservative Party members. Survey shows that Foreign Secretary Liz Truss is all set to win.

The number of people who elect the Prime Minister is less than one percent of the population of the UK.