Kamal and Camilla bring you up to speed with the Tory leadership race after Tom Tugendhat was knocked out this afternoon.

Tom Tugendhat has been eliminated from the Conservative leadership race in the latest round of voting, meaning Robert Jenrick, Kemi Badenoch and James Cleverly are the final three who move forward to tomorrow’s penultimate round of voting before the grand final on November 2nd.

We ask what it means for the race, who’s likely to be in the final two and where Tugendhat’s supporters will go - plus, in the face of more absolutely dire polling for Labour, who’s best placed to take the fight to Keir Starmer?

Elsewhere, why are the super-rich abandoning Starmer’s Britain before the budget at the end of the month? Should we be worried? Kamal and Camilla explain why Rachel Reeves’ plans are scaring investors off...

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