Boris Johnson to resign today
Boris Johnson will resign as Tory leader today, according to multiple media sources, and continue as PM until the autumn.
A Tory leadership race will take place this summer and a new PM will be in place in time for the Tory party conference in October.
It has not yet been confirmed by No 10.
Downing Street confirmed the prime minister will make a statement later.
A No 10 spokesman said: “The prime minister will make a statement to the country today.”
Mr Johnson spoke to Sir Graham Brady, chairman of the Conservative 1922 Committee, to inform him of his decision, a No 10 source says.
“The Prime Minister has spoken to Graham Brady and agreed to stand down in time for a new leader to be in place by the conference in October,” the source added.