The Latest Breaking News from Nadhim Zahawi

Ministers have been urging Boris Johnson to resign for a number of days

Analysis: ratings out of 10 of the chances of some of the likely contenders to be next Tory leader

His resignation will trigger an internal election to pick a new leader of the Conservative Party, who will also be the next prime minister. He steps down after defections left him unable to govern.

The outgoing Prime Minister has vowed to not make major policy decisions before his successor is chosen. Sir John Major has warned it is 'unwise and unsustainable' for Mr Johnson to stay on during the leadership contest.

Chancellor Nadhim Zahawi told the PM to "go now' while Defence Secretary Ben Wallace withdrew his support. Read more on Dynamite News:

In the end it took a politician as ruthless and ambitious as Boris himself to deliver the coup de grace. In appointing Nadhim Zahawi as Chancellor, the Prime Minister hired his own executioner.

The flood of ministerial resignations from UK prime minister Boris Johnson’s government in recent days started with Rishi Sunak’s resignation as UK chancellor of the exchequer on July 5 2022, alongside health secretary Sajid Javid’s. His resignation letter cited differences of opinion over the economy, saying that a “low-tax, high-growth…

He was elected in a landslide, got Brexit done and led the vaccine rollout, but accusations of impropriety – and his myriad weaknesses – proved his undoing. By Joe Murphy

Boris Johnson reportedly wants to remain in post for several months while a leadership contest unfolds, but he would face serious opposition within his party if he decides to do so