Nadhim Zahawi is the most recent Conservative MP to announce he will not seek re-election

Nadhim Zahawi, the 64th Conservative MP to announce he will step down at the next election, has cited the need for “a new, energetic Conservative” to take over amid expectations of heavy losses for the party. The former chancellor, who has served in various government roles, including education secretary and chancellor of the duchy of Lancaster, made the announcement as the country gears up for a potential general election in October or November.

Zahawi, who was facing a tough re-election in his constituency of Stratford-on-Avon, expressed his gratitude for the opportunities he has had in the UK, having fled persecution in Baghdad as a child. Quoting William Shakespeare, he said, “the time is right for a new, energetic Conservative to fight for the honour of representing Stratford-on-Avon.”

The MP’s decision to step down comes after a tumultuous period, which saw him sacked as Tory chairman following an ethics inquiry into his tax affairs. Zahawi later settled a tax dispute with HM Revenue and Customs, acknowledging his mistakes while also highlighting his successes working with others.

As Zahawi joins a list of high-profile Conservatives stepping down at the election, including Theresa May and Matt Hancock, the party faces a period of transition and change. The departure of these experienced figures signals a shift in the political landscape, with new faces expected to take on leadership roles in the future.

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