It's Theresa May vs Andrea Leadsom in the race to be the next prime minister, and bookmakers make Mrs May odds-on favourite.
May and Leadsom will battle it out to become the next leader of the Conservative Party after Michael Gove was eliminated from the contest on Thursday afternoon.
Mrs May, the Home Secretary, finished the second ballot with 199 votes, Energy Minister Mrs Leadsom 84 and Mr Gove, the justice secretary, 46.
The Conservative Party's membership of around 150,000 will now decide the winning candidate, with the result due on September 9th, and bookmakers William Hill reacted to the news by making May their hot favourite at 1/5, with Leadsom 7/2 at time of writing.
Other firms were as short as 1/6 on May winning the final stage of the contest.
Michael Gove out - the updated Next Conservative Leader Betting Odds from https://t.co/Zfzh5lwNP8
— BetOnPolitics (@BetOnPolitics) July 7, 2016
1/6 Theresa May
11/2 Andrea Leadsom
Thanks to all who supported me. Congratulations to @TheresaMay2016 and @andrealeadsom. All the best with the campaign.
— Michael Gove MP (@Gove2016) July 7, 2016
Thank you to the 199 MPs who voted for me today – colleagues from across the Party: Left and Right, Leave and Remain (1/4)
— Theresa May (@TheresaMay2016) July 7, 2016
The winner will become the UK's second female prime minister.