Liz Truss has formally announced her plans to resign as UK Prime Minister, making her the shortest serving prime minister in UK history.
She confirmed her intentions to step down during a last-minute statement outside Downing Street where she said that she will stay in post until a successor has been chosen.
A leadership election will be completed within the next week she said. Ms Truss said she has already in formed King Charles of her decision.
Her decision to quit comes after as she faced mounting calls to resign following a chaotic day in Westminster on Wednesday.
It comes after the PM held “crisis talks” in Downing Street – with Sir Graham Brady, chairman of the 1922 Committee, deputy prime minister Therese Coffey and Tory party chairman Jake Berry inside..
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