>> Brexit needs to do what it says on the tin.>> Stephen Crabb launching his bid to be Britain's next prime minister. The Work and Pension Secretary first to put himself forward for the Conservative Party leadership election.>> What I stand for, the values that I represent, the strengths I bring, are exactly those that are required.
>> Nominations opening for the contest that'll see the new leader installed as PM in September. The vacancy created by David Cameron's resignation after losing his big Brexit gamble. Front-runner to replace him, the face of the Leave campaign and former mayor of London, Boris Johnson. But Reuters UK political correspondent Kylie MacLellan says it's not a shoo-in.
>> The front-runner hasn't generally won the Conservative leadership contest in the past. Some may argue that this is a slightly different contest, given it's come about due to the result of the referendum. And many feel that it should be someone from the Brexit side that takes over, of which candidates Boris Johnson is, by far, the most high profile.
>> Johnson won't have a clear run. Home Secretary Theresa May, also expected to enter the fray.>> She was on the Remain side during the campaign but took a less high profile role. So some people see her as the unity candidate who could bring the party back together.
Former Defense chief Liam Fox definitely running. And Health Secretary Jeremy Hunt considering his options. One notable absentee, Chancellor George Osborne.>> I think that's all we have time for.>> Former favorite to succeed Cameron, ruling himself out. Passing on the task of invoking Article 50 and managing Britain's exit from the EU.