Rishi Sunak prepares for backbench life ahead of an expected defeat to Liz Truss

RISHI Sunak is set to be exiled to the backbenches as he prepares to suffer a landslide defeat to Liz Truss tomorrow.

The ex-Chancellor is not expected to be offered a Cabinet job by his rival if he loses as expected the race to be the new PM.

Andrew Parsons / No10 Downing Street

But pals of Rishi rubbished talk he could walk away from politics for good and cash in by taking a lucrative Silicon Valley job like former Liberal Democrat leader Nick Clegg, who is now working at Facebook.

They insisted he is too rich to want to “do a Nick Clegg” and that he will stand as a MP again at the next election.

Miss Truss has been hunkered down with her closest aides to thrash out her Cabinet, but one ally warned she must have some Rishi allies in there.

They said last night: “She could be out by Christmas if she doesn’t compromise and try to unify the party.”

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A Deltapoll survey found that 35 per cent of voters reckon she should give Mr Sunak a job if she wins.

Some 29 per cent believe that she should not.