Our political editor Beth Rigby has been talking us through what is likely to happen in the next few days after Rishi Sunak became the next Tory leader.
She said: “What’s he up to now? He’s addressing MPs – we haven’t seen him yet.
“But I think we are going to get a statement from him on camera later today. What does a new Conservative Party leader typically do?
“I imagine what we will see later today is he will go to Conservative HQ – this is what every new Conservative leader does.
“Then I think we will see tomorrow the handover of power, that’s when Liz Truss formally exits Number 10 and has an audience with the King, and then the new prime minister has an audience with the King and makes that journey from Buckingham Palace to the podium outside in the street.
“And he will address the nation.”
Beth added that this is an astonishing turnaround for Mr Sunak.
“But what a moment this is,” she said. “Rishi Sunak, he was down and out in July, he was out of the cabinet, he was back on the backbenches. There were questions about whether he would even remain as an MP.
“He is the first British-Asian prime minister… this really is a ground-breaking moment for the country in so many ways.
“But it’s also controversial because he is the third Conservative prime minister since the 2019 general election.”
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Source: Sky news, Beth Rigby