Outgoing PM Boris Johnson bids farewell in a speech outside No 10, before Liz Truss takes over the role
In his last address as prime minister, Johnson says he is “like a booster rocket” that has “fulfilled its function”
He and Truss are now travelling to Balmoral in Aberdeenshire, where he will offer his resignation to the Queen who will appoint Truss as PM Later this afternoon, Truss will address the nation at Downing Street
She is also expected to start naming her Cabinet – with Home Secretary Priti Patel and Culture Secretary Nadine Dorries already resigning
Truss was announced Conservative Party leader yesterday after winning 57% of members’ votes against Rishi Sunak.