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| Liz Truss resigns as prime minister after Tory revolt | Liz Truss resigns as prime minister after Tory revolt |
| (32 minutes later) | |
| Watch: Watch Liz Truss step down as PM | |
| Watch: Watch Liz Truss step down as PM | |
| Liz Truss has dramatically resigned as prime minister after just 45 days in the job. | Liz Truss has dramatically resigned as prime minister after just 45 days in the job. |
| The PM said her successor will be elected in a Tory leadership contest, to be completed in the next week. | |
| Tory MPs urged Ms Truss to go after her government was engulfed by political turmoil, following the ditching of most of her economic policies. | Tory MPs urged Ms Truss to go after her government was engulfed by political turmoil, following the ditching of most of her economic policies. |
| Ms Truss was elected by the Tory membership in September, but she lost authority after a series of U-turns. | Ms Truss was elected by the Tory membership in September, but she lost authority after a series of U-turns. |
| In a speech outside Downing Street, Ms Truss said the Conservative Party had elected her on a mandate to cut taxes and boost economic growth. | |
| But given the situation, Ms Truss said: "I recognise that I cannot deliver the mandate on which I was elected by the Conservative Party." | |
| Ms Truss said she would remain in post until a successor formally takes over as party leader and is appointed prime minister by King Charles III. | |
| Jeremy Hunt - who was appointed chancellor last week - has said he will not stand in the leadership contest to be the next prime minister. | |
| A quick guide to Liz Truss | |
| Ms Truss - who took office 44 days ago - will become the shortest-serving PM in British history when she stands down. | |
| Labour leader Sir Keir Starmer called for an immediate general election following Ms Truss's resignation speech. | |
| In her speech, Ms Truss said she entered "office at a time of great economic and international instability", as war rages in Ukraine and living costs skyrocket. | |
| But her resignation comes after a key minister, former home secretary Suella Braverman, quit and Tory MPs rebelled in a chaotic parliamentary vote. |