Firming up as the favourite to become the next PM of the UK is Rishi Sunak. He went up against Liz Truss in the long process that saw the Conservative Party select her for her low tax agenda that freaked out financial markets once she got into office, and here we are… During the last leadership race, Sunak campaigned against Truss’s plan, urging a more measured response to the troubled economic times. This morning, he’s has confirmed his candidacy, but former PM Boris Johnson is yet to declare his hand. The process from here: nominations close today. To go forward, a candidate needs more than 100 votes from the 357 Conservative MPs, and if more than one can do that, there will be a vote to narrow the field. If that doesn’t result in a winner, there will be an online vote of party members. The plan is to get it wrapped up by the end of the week…