Will Tom Tugendhat be the next UK Conservative Party Leader?

In the wake of the so called 'Chris Pincher scandal' in the United Kingdom, in the first week of July 2022, over 50 government ministers, parliamentary private secretaries, and trade envoys resigned. This was the largest series of such resignations in British history, and many previously supportive MPs called for Johnson to resign. This brought about a government crisis. As a result, On 7 July 2022, Boris Johnson, the Leader of the Conservative and Unionist Party since 2019, announced his resignation as party leader, but plans to remain as prime minister until a successor is chosen. The 2022 Conservative Party leadership election to determine Boris Johnson's successor as Leader of the Conservative and Unionist Party is due to start on July 13, 2022, with final results expected on September 5, 2022. --- This market will resolve to "Yes" if Tom Tugendhat wins the election to become the Conservative Party leader succeeding Boris Johnson. Otherwise, this market will resolve to "No". The resolution of this market will be based on the first official announcement of the next permanent Conservative Party leader after Boris Johnson, as chosen by a Conservative Party leadership contest. The primary resolution source will be official government sources reporting the result of the election; however, a consensus of credible media sources will also suffice. If the successor to Boris Johnson is not known by December 31, 2022, this market will resolve to "No." This market may only resolve to "No" once Tom Tugendhat announces he is no longer in contention for head of the Conservative Party, or the Conservative party announces Tom Tugendhat is no longer in contention for head of the Conservative Party, or election results eliminate Tom Tugendhat from the running for leader of the Conservative Party, or the next leader of the Conservative Party after Boris Johnson is officially selected and it is not Tom Tugendhat. Please note that acting leaderships do not count toward the resolution of this market.