Liz Truss says she will be resigning her as Prime Minister after 44 days in office.
There would be a leadership election within a week she added.
This comes after the Chair of the 1922 Committee Sir Graham Brady entered No 10 for a crisis meeting with the Prime Minister followed by Party Chair Jake Berry
Truss’ brief stint as leader involved a mini-Budget that spooked the market, the sacking of her close ally and chancellor Kwasi Kwarteng, the resignation of home secretary Suella Braverman and chaos in Westminster around a confidence vote where there were allegations of senior Tories manhandling and bullying colleagues.
She had told PMQ’s she is a “fighter” not a “quitter”
Conservative MP Simon Hoare said Liz Truss only had 12 hours to save her Primiership while Lord David Frost a former Brexit Minister who backed Truss for PM, called for her to go in addition to more than a dozen MPs