There are calls for a general election in the UK, where a third prime minister could be put in place in under two months.
Following what's been described by the Opposition Labour Party as a "revolving door of chaos", out-going Liz Truss (who claims the dubious record of completing Britain's shortest term as Prime Minister, just 45 days in Number 10) resigned in the early hours of our morning.
A new Conservative leader is likely to be in place by this time next week.
They need to get the backing of 100 MPs by Monday to enter the race. Pundits are tipping Liz Truss's close contender Rishi Sunak to take over, and Conservative MPs have already openly pledged their support for him.
There's also speculation Boris Johnson might tip his hat at it, again. It's reported he's getting similar backing from Tory colleagues.
Lynn Freeman is joined by Hugo Gye, Deputy Political Editor of The iPaper, based in the House of Commons press gallery.
Britain's Prime Minister Liz Truss delivers a resignation speech outside of 10 Downing Street in central London on 20 October 2022. Photo: AFP / Daniel Leal
