By City AM reporter Kemi Badenoch has been elected as the new leader of the Conservative Party. The former business secretary was declared the winner at an event in central London on Saturday, defeating rival Robert Jenrick by 53,806 votes to 41,388. The North West Essex MP will replace Rishi Sunak as leader of the Opposition and seek to chart a path back to power for the Tories after their disastrous election defeat in July. They face a significant challenge, with just 121 MPs after an election that saw the party lose seats to Labour, the Liberal Democrats and Reform. A YouGov poll published …