Boris Johnson announced his resignation just after lunchtime today.
Standing outside Downing Street, he said: "It is clearly now the will of the Parliamentary Conservative party that there should be a new leader of that party and therefore a new prime minister.”
It comes in the wake of the scores of ministers resigning over the handling of the Chris Pincher scandal.
Read more: Leo Varadkar will not face prosecution for GP contract leak
Mr Johnson suffered serious blows this week as his once closest allies had told him to throw in the towel.
This morning resignations continued as Mr Johnson announced new cabinet appointments.
Now that he has resigned, there is growing anger over Mr Johnson over whether he stays on as a caretaker until October or he leaves office immediately.
Mr Johnson said the people have now decided “the process of choosing that new leader should begin now.”
He added: "The timetable will be announced next week and I’ve today appointed a Cabinet to serve as I will until a new leader is in place.”
Addressing Tory voters directly, the bullish PM hailed his mandate in 2019 and said he fought “so hard” to stay because “I wanted to do so” and felt “it was my job, my duty, my obligation to you, to continue to do what we promised in 2019.”
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