some at us credit ability, forward, some at us credit ability, experience and can unite the party. that is the big challenge for the conservative party in the next week. who is that unity candidate? you are watching bbc news. i cannot deliver the mandate on which i was elected by the conservative party. i have therefore spoken to his majesty the king to notify him that i am resigning as leader of the conservative party. liz truss quits as prime minister after just six weeks in office. the shortest serving prime minister in british history will be out of downing street by next friday after a chaotic few weeks in power. 2022, the year of three prime ministers, at least, after an astonishing decade in british politics, another unprecedented moment. who will be the next prime minister? borisjohnson is among the mps who could be standing —

with another new leader named by next friday. disbelief across the uk as downing street implodes in the middle of a soaring cost of living crisis. it just needs itjust needs stabilising, it needs sorting out and moving forward. because the rest of the country is in turmoil, isn't it?— because the rest of the country is in turmoil, isn't it? breaking news out of the united _ in turmoil, isn't it? breaking news out of the united kingdom... - in turmoil, isn't it? breaking news| out of the united kingdom... after less than— out of the united kingdom... after less than two months on the job. how much damage is all this political chaos doing to the uk's and coming up on the bbc news channel. for continuing coverage and analysis from a team of correspondents in the uk and around the world. good evening. liz truss has resigned after 44 days in office. she is now the shortest serving

prime minister in british history. just 2a hours after she told mps defiantly that she was a fighter not a quitter, she is on her way out — her fate sealed by the resignation of the home secretary yesterday and the chaotic scenes in the house of commons last night as more and more conservative mps voiced their disbelief at what was going on. sir graham brady, the head of the powerful 1922 committee of backbench mps, went to downing street this morning at the request of the prime minister. at 1.30 this afternoon, liz truss emerged outside number ten and announced that she had spoken to the king and told him she was resigning. a new prime minister is expected to be in place by the end of next week. but who will it be? let's go to chris mason. liz truss as prime minister, the fastest, shortest and steepest roller—coaster

in political history. she rose to the highest office and then crashed from it in record time, faster than any of her predecessors. crushed and humiliated by the reality of such a short tenure. there is never a more important time in british politics than when you cannot answer the question, he will be our prime minister in a fortnight? today is one of those moments, yet again. lunchtime in downing street and the podium is back, six weeks and two days since liz truss stood behind as she became prime minister, she was back, too. this time to resign. i came into office at a time of great economic and international instability. families and businesses who are worried about how to pay their bills. president putin's

illegal war in ukraine threatens the security of our whole continent and our country has been held back for too long by low economic growth. i was elected by the conservative party with a mandate to change this. we delivered on energy bills and on cutting national insurance. and we set out a vision for a low tax, high growth economy that would take advantage of the freedoms of brexit. i recognise though that given the situation, i cannot deliver the mandate on which i was elected by the conservative party. i therefore have spoken to his majesty the king to notify him that i am resigning as leader of the conservative party. 50 leader of the conservative party. so what on earth happens now? this . what on earth happens now? this mornin: i what on earth happens now? this morning i met — what on earth happens now? this morning i met the _ what on earth happens now? ti 3 morning i met the chairman of the 1922 committee, sir graham brady. we

have agreed there will be a leadership election to be completed within the next week. this will ensure that we remain on a path to deliver our fiscal plans and maintain our country's economic stability and national security. i will remain as prime minister until a successor has been chosen. thank ou. what a successor has been chosen. thank yom what an _ a successor has been chosen. thank you. what an extraordinary - a successor has been chosen. thank you. what an extraordinary moment, just three and a half months since borisjohnson just three and a half months since boris johnson stood just three and a half months since borisjohnson stood at just three and a half months since boris johnson stood at the just three and a half months since borisjohnson stood at the podium and resigned himself, now his successor has done just the same. the chaos deepens. enter then this man, sir graham brady, who the prime minister mentioned, who will oversee the race to replace liz truss. what the race to replace liz truss. what has he got — the race to replace liz truss. what has he got to _ the race to replace liz truss. what has he got to say? _ the race to replace liz truss. what has he got to say? good _ the race to replace liz truss. wiait has he got to say? good afternoon, everybody. not a great deal i can say at the moment. i have spoken to the party chairman and he has confirmed it will be possible to conduct a ballot and conclude the

leadership election by friday the 28th of october. you leadership election by friday the 28th of october.— leadership election by friday the 28th of october. you accept this is a complete — 28th of october. you accept this is a complete dog's _ 28th of october. you accept this is a complete dog's dinner? - 28th of october. you accept this is a complete dog's dinner? it - 28th of october. you accept this is a complete dog's dinner? it is - 28th of october. you accept this is a complete dog's dinner? it is not| 28th of october. you accept this is| a complete dog's dinner? it is not a circumstance _ a complete dog's dinner? it is not a circumstance i _ a complete dog's dinner? it is not a circumstance i would _ a complete dog's dinner? it is not a circumstance i would wish - a complete dog's dinner? it is not a circumstance i would wish to - a complete dog's dinner? it is not a circumstance i would wish to see. l circumstance i would wish to see. what are the other parties make of it? the conservatives' rival say it is time for a general election. another opponent for you to face, what do you make of it? it is another opponent _ what do you make of it? it is another opponent and - what do you make of it? it 3 another opponent and we are burning through prime minister, burning through prime minister, burning through chancellors and burning through chancellors and burning through home secretaries. that gives it an element of soap opera, but it isn'tjust a soap opera. this is, for many people who are facing higher prices and high mortgages, this is real damage being inflicted on them. i don't think another revolving door of chaos and another experiment at the top of the tory party is the way out of this. what party is the way out of this. what needs to happen _ party is the way out of this. what needs to happen now? _ party is the way out of this. what needs to happen now? on - party is the way out of this. what needs to happen now? on a - party is the way out of this. what needs to happen now? on a uk level they must_ needs to happen now? on a uk level they must be a general election, it is a democratic necessity. the idea

the tories — is a democratic necessity. the idea the tories can unite behind a prime minister now, any prime minister, let alone — minister now, any prime minister, let alone one that is for the birds. the tories — let alone one that is for the birds. the tories have shown they are incapable — the tories have shown they are incapable of— the tories have shown they are incapable of providing - the tories have shown they are incapable of providing the - incapable of providing the leadership, _ incapable of providing the leadership, they- incapable of providing the leadership, they are - incapable of providing the leadership, they are not i incapable of providing thel leadership, they are not fit incapable of providing the - leadership, they are not fit to govern— leadership, they are not fit to govern our— leadership, they are not fit to govern our country— leadership, they are not fit to govern our country and - leadership, they are not fit to govern our country and we . leadership, they are not fit to . govern our country and we don't leadership, they are not fit to - govern our country and we don't need another— govern our country and we don't need another conservative _ govern our country and we don't need another conservative prime _ govern our country and we don't need another conservative prime minister. | another conservative prime minister. they need _ another conservative prime minister. they need to — another conservative prime minister. they need to go. _ another conservative prime minister. they need to go. we _ another conservative prime minister. they need to go, we need _ they need to go, we need another general— they need to go, we need another general election— they need to go, we need another general election and _ they need to go, we need another general election and conservative i general election and conservative mps general election and conservative we have — general election and conservative we have got— general election and conservative we have got to _ general election and conservative mps have got to do _ general election and conservative mps have got to do that - mps have got to do that patriotically_ mps have got to do that patriotically duty- mps have got to do that patriotically duty and i mps have got to do that l patriotically duty and vote mps have got to do that - patriotically duty and vote for that — patriotically duty and vote for that. ., ., ., , ., , , that. how did all of this happen? the era of— that. how did all of this happen? the era of liz _ that. how did all of this happen? the era of liz truss _ that. how did all of this happen? the era of liz truss is _ that. how did all of this happen? the era of liz truss is far - that. how did all of this happen? the era of liz truss is far too - the era of liz truss is far too short to even deserve that word. this was her arriving as prime minister last month. in short, nearly her entire programme for government imploded on contact with reality. mr government imploded on contact with reali . ~ ., ., reality. mr speaker, we are at the bearinnin reality. mr speaker, we are at the beginning of— reality. mr speaker, we are at the beginning of a _ reality. mr speaker, we are at the beginning of a new _ reality. mr speaker, we are at the beginning of a new era... - beginning of a new era... laughter. and as we contemplate... laughter. and as we contemlate... ~ and as we contemplate... mini budaet, and as we contemplate... mini budget, maximum _ and as we contemplate... mini budget, maximum disaster, as her colleagues call this privately. the

markets tanked, so did her poll ratings and her mps lost faith almost instantly. the other night i asked her... will you lead the conservatives into the next general election? i conservatives into the next general election? . election? i will lead the conservatives _ election? i will lead the conservatives into - election? i will lead the conservatives into the i election? i will lead the - conservatives into the next election? i will lead the _ conservatives into the next general election? , , conservatives into the next general election?_ yes. - conservatives into the next general election?_ yes.- election? definitely? yes. even yesterday. _ election? definitely? yes. even yesterday. she _ election? definitely? yes. even yesterday, she said... - election? definitely? yes. even yesterday, she said... i- election? definitely? yes. even yesterday, she said... i am - election? definitely? yes. even yesterday, she said... i am a i yesterday, she said... i am a fiuhter yesterday, she said... i am a fighter and — yesterday, she said... i am a fighter and not _ yesterday, she said... i am a fighter and not a _ yesterday, she said... i am a fighter and not a quitter. - yesterday, she said... i am a| fighter and not a quitter. now yesterday, she said... i am a i fighter and not a quitter. now it turns out she _ fighter and not a quitter. now it turns out she has _ fighter and not a quitter. now it turns out she has done - fighter and not a quitter. now it turns out she has done with - fighter and not a quitter. now it - turns out she has done with fighting and she has quit. so he will take over? you mightjust remember this quy- over? you might “ust remember this iu _ ., , ., over? you might “ust remember this cu , ., , ., ., , ., over? you might “ust remember this u. ., ., hasta over? you might “ust remember this guy-fl hasta la l guy. hasta la vista, baby. hasta la vista, guy. hasta la vista, baby. hasta la vista. could _ guy. hasta la vista, baby. hasta la vista, could we _ guy. hasta la vista, baby. hasta la vista, could we see _ guy. hasta la vista, baby. hasta la vista, could we see him _ guy. hasta la vista, baby. hasta la vista, could we see him again? . guy. hasta la vista, baby. hasta la| vista, could we see him again? the runner up, rishi sunak could be another possibility. as our penny mordaunt and kemi badenoch. at the woman who resigned as home secretary

yesterday, having a go at liz truss in the process, suella braverman. the answer is no, the new chancellor has ruled himself out. in the last few minutes, sir graham brady, who will run the contest and the conservative party chairman, jake berry had more to say about how the race will work. the berry had more to say about how the race will work.— race will work. the nominations are now open. — race will work. the nominations are now open. they _ race will work. the nominations are now open, they will _ race will work. the nominations are now open, they will close _ race will work. the nominations are now open, they will close at - race will work. the nominations are now open, they will close at two . now open, they will close at two o'clock on monday. the candidates will be expected to have at least 100 colleagues nominating them. if the party should decide to put forward — the party should decide to put forward two candidates, there will be an— forward two candidates, there will be an expedited binding online vote of conservative party members to choose _ of conservative party members to choose its — of conservative party members to choose its next leader. all stages of the _ choose its next leader. all stages of the leadership election will be concluded by no later than friday the 28th— concluded by no later than friday the 28th of october. you concluded by no later than friday the 28th of october.— concluded by no later than friday the 28th of october. you might find themselves moving _ the 28th of october. you might find themselves moving in _ the 28th of october. you might find themselves moving in here - the 28th of october. you might find themselves moving in here a - the 28th of october. you might find themselves moving in here a weekl themselves moving in here a week tomorrow? after what has happened to

liz truss, you might imagine it could give some second thoughts. poisoned chalice it might be, but prized it still is and tonight, the race is under way. give us more detail about what happens now, it is tory party members he will be voting again? yes, possibly. let me walk you through those rules that got away at lunchtime. nominations are open. so those who want to stand can say they want to stand. they will close at two o'clock on monday afternoon. and crucially, mps who fancy the job will have to get 100 nominations from conservative mps. so the bar is high. it means there cannot be more than three mps who would get onto that ballot. then there will be voting and that will eliminate one

of the candidates and they will be two left, assuming there are three in the first place. then, amongst the mps there will be a further ballot amongst those two, what has been described as an indicative ballot so party members would know where the balance opinion lies in parliament. if a conservative leader cannot command a majority in the house of commons, in other words, amongst their own mps, they are done for. case study, liz truss. if there are still two candidates, which means one of them doesn't drop out, it goes to the conservative membership in the country. but they will not be the t—shirt on the slogans and the many manifestos and the expeditions around town halls and exhibition halls. instead, an online ballot to ensure the result can be sorted out by a week tomorrow. this is democracy in a micro sense, amongst a tiny number of people in the grand scheme of things done at lightning speed. what

things done at lightning speed. what about the people _ things done at lightning speed. what about the people sitting at home saying why can't theyjust be a general election now? hot saying why can't theyjust be a general election now? not “ust due sittin: at general election now? not “ust due sitting at home. i general election now? not “ust due sitting at home, if i general election now? not “ust due sitting at home, if that _ general election now? not “ust due sitting at home, if that is h general election now? notjust due sitting at home, if that is your - sitting at home, if that is your view. but also so many leaders of the opposition parties at westminster, too. the straightforward answer, we live in a parliamentary democracy and if a prime minister can command a majority in the house of commons, then they can govern on behalf of their party until that parliamentary term runs out. which is technically january of 2025. the reason liz truss is out is because she couldn't do that. if the new conservative leader can do that, technically, constitutionally, they could carry on that long. politically, they will come under huge pressure because they will not have a mandate, unless it was to be borisjohnson who came back. if it wasn't him, they will have to have a decision. do they say, we accept we don't have much of a mandate so let's bring the

election forward to a particular date, perhaps next year, or not. the political climate for the general election will be mighty loud. chris mason, election will be mighty loud. chris mason. thank _ election will be mighty loud. chris mason, thank you. _ this is all of course happening at a moment when millions of people are grappling with the soaring cost of living and worrying about how they are going to pay their mortgages, their energy bills, theirfood bills. our north of england correspondent danny savage was talking to people in the yorkshire town of wetherby as the news broke this lunchtime. lunchtime in the black bull in wetherby. this was quite the conversation stopper. i wetherby. this was quite the conversation stopper.- wetherby. this was quite the conversation stopper. i am resigning as leader of — conversation stopper. i am resigning as leader of the _ conversation stopper. i am resigning as leader of the conservative - conversation stopper. i am resigning as leader of the conservative party. | as leader of the conservative party. brilliant. irla as leader of the conservative party. brilliant. ., , , , , ., brilliant. no surprise, but what now? and _ brilliant. no surprise, but what now? and what _ brilliant. no surprise, but what now? and what of _ brilliant. no surprise, but what now? and what of the - brilliant. no surprise, but what - now? and what of the consequences of this? i now? and what of the consequences of this? ., , ., ., , this? i feel quite ashamed, to be honest. this? i feel quite ashamed, to be honest- we _ this? i feel quite ashamed, to be honest. we were _ this? i feel quite ashamed, to be honest. we were talking - this? i feel quite ashamed, to be honest. we were talking about i this? i feel quite ashamed, to be l honest. we were talking about this earlier saying, anybody from outside the united kingdom would be very disappointed. haste the united kingdom would be very disappointed-—

disappointed. we have got to give the country _ disappointed. we have got to give the country confidence _ disappointed. we have got to give the country confidence back. - disappointed. we have got to give| the country confidence back. there is a lack— the country confidence back. there is a lack of— the country confidence back. there is a lack of confidence here. otherwise people who would normally vote conservative, like myself will think— vote conservative, like myself will think very— vote conservative, like myself will think very differently if they don't -et think very differently if they don't get it— think very differently if they don't get it sorted. as think very differently if they don't get it sorted-— get it sorted. as the latest tory bubble burst, _ get it sorted. as the latest tory bubble burst, people _ get it sorted. as the latest tory bubble burst, people in - get it sorted. as the latest tory bubble burst, people in this - bubble burst, people in this conservative constituency are frustrated and fed up. wanted... some stability, please. the tories stab everybody — some stability, please. the tories stab everybody in _ some stability, please. the tories stab everybody in the _ some stability, please. the tories stab everybody in the back, - some stability, please. the tories stab everybody in the back, no - stab everybody in the back, no leadership, they stabbed boris. i liked him as a character. yes, he made mistakes but he had a majority and was voted for. we are a great country, we have been a great country, we have been a great country and we still will be if we could just rally behind some decent leadership. liz could just rally behind some decent leadershi. , ,�* could just rally behind some decent leadershi. , f ., , leadership. liz truss' time as prime minister will — leadership. liz truss' time as prime minister will be _ leadership. liz truss' time as prime minister will be remembered - leadership. liz truss' time as prime minister will be remembered by - leadership. liz truss' time as prime i minister will be remembered by many for rocketing interest rates and mortgage deals being pulled after the mini budget. you sense the housing market will not miss her. sitting down with senior tory

politician is now around your desk, what would you say to them? sort yourselves — what would you say to them? sort yourselves out _ what would you say to them? sort yourselves out for _ what would you say to them? §f>"ii yourselves out for goodness' sake. let's have some confidence, a policy thatis let's have some confidence, a policy that is going to be acceptable, not just to the country, but to the rest of the world. in just to the country, but to the rest of the world-— of the world. in local cafes, olitics of the world. in local cafes, politics was _ of the world. in local cafes, politics was the _ of the world. in local cafes, politics was the talk - of the world. in local cafes, politics was the talk of - of the world. in local cafes, politics was the talk of the l of the world. in local cafes, - politics was the talk of the town. i did say earlier on, shall we have boris _ did say earlier on, shall we have boris back? _ did say earlier on, shall we have boris back? no, no.— did say earlier on, shall we have boris back? no, no. some people think that is _ boris back? no, no. some people think that is the _ boris back? no, no. some people think that is the answer. - boris back? no, no. some people think that is the answer. i - boris back? no, no. some people think that is the answer. i think i boris back? no, no. some people| think that is the answer. i think he had some vision _ think that is the answer. i think he had some vision of— think that is the answer. i think he had some vision of things - think that is the answer. i think he had some vision of things that - think that is the answer. i think he i had some vision of things that could io had some vision of things that could go right _ had some vision of things that could go right i_ had some vision of things that could go right. i do. had some vision of things that could go right- i do— go right. i do. back in the pub, they were _ go right. i do. back in the pub, they were debating _ go right. i do. back in the pub, they were debating about - go right. i do. back in the pub, they were debating about whatj they were debating about what happens next. it they were debating about what happens next-— they were debating about what ha ens next. , , ., , , happens next. it needs stabilising, it needs sorting _ happens next. it needs stabilising, it needs sorting out _ happens next. it needs stabilising, it needs sorting out and _ happens next. it needs stabilising, it needs sorting out and moving i it needs sorting out and moving forward — it needs sorting out and moving forward the _ it needs sorting out and moving forward. the rest— it needs sorting out and moving forward. the rest of— it needs sorting out and moving forward. the rest of the - it needs sorting out and moving forward. the rest of the country it needs sorting out and moving . forward. the rest of the country is in turmoil. — forward. the rest of the country is in turmoil, isn't _ forward. the rest of the country is in turmoil, isn't it? _ forward. the rest of the country is in turmoil, isn't it? the _ forward. the rest of the country is in turmoil, isn't it? the electorate and the world _ in turmoil, isn't it? the electorate and the world wants _ in turmoil, isn't it? the electorate and the world wants answers - in turmoil, isn't it? the electorate and the world wants answers fast, along with a large slice of certainty and stability. danny savage, bbc news, wetherby.

so what happens now? liz truss will remain in downing street until next friday at the latest. a new leader will be named next week — the third prime minister in the space ofjust two months. who could it be? whoever it is will need the backing of at least 100 tory mps by monday afternoon to make the final two. the chancellor, jeremy hunt, has already confirmed he will not stand. but borisjohnson, who was forced out of number 10 just six weeks ago, could be preparing to attempt a comeback. liz truss' former leadership rival rishi sunak is the bookmakers' favourite. leader of the house of commons penny mordaunt is also likely to stand. as is the former home secretary — suella braverman — who resigned yesterday. and kemi badenoch, currently international trade secretary, could also be in the running.

we will know by next friday at the latest so what do conservative voters make of the collapse of her premiership after so little time? our midlands correspondent navtej johal has been finding out. shopping for a new leader. here people have been watching recent events with consternation. simon robinson is the leader rushed —— rushton borough council. how have you felt as the leader of the local council? , ,., , ,., you felt as the leader of the local council? , , , , , council? disappointed, surprised. i've never seen _ council? disappointed, surprised. i've never seen anything - council? disappointed, surprised. i've never seen anything like - council? disappointed, surprised. i've never seen anything like it, i i've never seen anything like it, things happen so quickly. we have seen ministers resign as well so it's been quite chaotic, very unique, very challenging. iwho it's been quite chaotic, very unique, very challenging. who do you want to see — unique, very challenging. who do you want to see take _ unique, very challenging. who do you want to see take on _ unique, very challenging. who do you want to see take on the _ unique, very challenging. who do you want to see take on the mantle - unique, very challenging. who do you want to see take on the mantle of- want to see take on the mantle of leader next? i want to see take on the mantle of leader next?— leader next? i think what is key is experience _ leader next? i think what is key is experience and _ leader next? i think what is key is experience and so _ leader next? i think what is key is experience and so on _ leader next? i think what is key is experience and so on that - leader next? i think what is key is experience and so on that basis i | experience and so on that basis i would go for rishi sunak. he was

chancellor. would go for rishi sunak. he was chancellor-— chancellor. rushcliffe is a true blue conservative _ chancellor. rushcliffe is a true | blue conservative constituency. chancellor. rushcliffe is a true - blue conservative constituency. the former chancellor ken clarke was the mp here for nearly 50 years, there is a conservative club round the corner, but recent events appear to have damaged at least some of the support around here. you have been a conservative party voter? i you have been a conservative party voter? ., , , , ., voter? i have in the past, yes, and i voter? i have in the past, yes, and lwouldn't — voter? i have in the past, yes, and i wouldn't vote _ voter? i have in the past, yes, and i wouldn't vote conservative - voter? i have in the past, yes, and i wouldn't vote conservative now i i wouldn't vote conservative now because i don't feel we can trust them. ifeela because i don't feel we can trust them. ifeel a whole because i don't feel we can trust them. i feel a whole fiasco with boris and followed with the whole fiasco now with liz truss, i don't feel i can support them any more. i feel i can support them any more. i feel we need a change. like feel i can support them any more. i feel we need a change.— feel i can support them any more. i feel we need a change. like a lot of --eole, feel we need a change. like a lot of people. i'm — feel we need a change. like a lot of people. i'm put _ feel we need a change. like a lot of people. i'm put off _ feel we need a change. like a lot of people. i'm put off by _ feel we need a change. like a lot of people, i'm put off by what's - feel we need a change. like a lot of people, i'm put off by what's going | people, i'm put off by what's going on. people, i'm put off by what's going on they— people, i'm put off by what's going on. they haven't covered themselves in glory _ on. they haven't covered themselves in alo . ., ., , on. they haven't covered themselves inulo. ., ., , ., ., in glory. you are put off voting for them at the _ in glory. you are put off voting for them at the next _ in glory. you are put off voting for them at the next general - in glory. you are put off voting for| them at the next general election? i'm afraid so, yes. i5 them at the next general election? i'm afraid so, yes.— i'm afraid so, yes. is thoughts turn to the next — i'm afraid so, yes. is thoughts turn to the next prime _ i'm afraid so, yes. is thoughts turn to the next prime minister, - i'm afraid so, yes. is thoughts turn to the next prime minister, one i to the next prime minister, one familiar name... to the next prime minister, one familiar name. . ._ to the next prime minister, one familiar name... bring back boris. he did a good _ familiar name... bring back boris. he did a good job _ familiar name... bring back boris. he did a good job on _ familiar name... bring back boris. he did a good job on brexit. - familiar name. .. bring back boris. he did a good job on brexit. i - familiar name... bring back boris. | he did a good job on brexit. i think somebody over there agrees with me

somebody over there agrees with me so yes, bring back boris.— so yes, bring back boris. personally i would bring _ so yes, bring back boris. personally i would bring back— so yes, bring back boris. personally i would bring back burrows, - so yes, bring back boris. personally i would bring back burrows, that's l i would bring back burrows, that's my answer~ — i would bring back burrows, that's my answer. we i would bring back burrows, that's my answer-— my answer. we hear he may be throwin: my answer. we hear he may be throwing his — my answer. we hear he may be throwing his hat _ my answer. we hear he may be throwing his hat into _ my answer. we hear he may be throwing his hat into the - my answer. we hear he may be throwing his hat into the ring, i my answer. we hear he may be i throwing his hat into the ring, why do you want to see him return? it was an excellent leader, he made mistakes — was an excellent leader, he made mistakes and admitted to it and apologised eventually but he's a good _ apologised eventually but he's a good all—round leader. but apologised eventually but he's a good all-round leader.— good all-round leader. but not everybody _ good all-round leader. but not everybody was _ good all-round leader. but not everybody was looking - good all-round leader. but not everybody was looking ahead. | good all-round leader. but not. everybody was looking ahead. the pace of events means that some haven't even had a chance to catch up haven't even had a chance to catch up on the news today. she haven't even had a chance to catch up on the news today.— up on the news today. she will get over it, up on the news today. she will get over it. she _ up on the news today. she will get over it, she will— up on the news today. she will get over it, she will survive. _ up on the news today. she will get over it, she will survive. you - up on the news today. she will get over it, she will survive. you knowj over it, she will survive. you know she has resigned? _ over it, she will survive. you know she has resigned? no, _ over it, she will survive. you know she has resigned? no, i _ over it, she will survive. you know she has resigned? no, i didn't- over it, she will survive. you know. she has resigned? no, i didn't know that. she resigned _ she has resigned? no, i didn't know that. she resigned earlier— she has resigned? no, i didn't know that. she resigned earlier this - that. she resigned earlier this afternoon- — that. she resigned earlier this afternoon. that _ that. she resigned earlier this afternoon. that surprises - that. she resigned earlier this afternoon. that surprises me. that. she resigned earlier this. afternoon. that surprises me. i would have _ afternoon. that surprises me. i would have told _ afternoon. that surprises me. i would have told her— afternoon. that surprises me. i would have told her to - afternoon. that surprises me. i would have told her to stay. . navteonhal, bbc news. let's go back to chris mason. could borisjohnson really make a comeback? could boris johnson really make a comeback? . could boris johnson really make a comeback?— could boris johnson really make a comeback? ., , , , ., comeback? that is the big question toniaht. comeback? that is the big question tonight- the _ comeback? that is the big question tonight. the return _ comeback? that is the big question tonight. the return of— comeback? that is the big question tonight. the return of boris - comeback? that is the big question | tonight. the return of boris johnson tonight. the return of borisjohnson is the question. he remains the

giant of his party, and strikingly those around him are neither confirming nor denying that he will run, but therefore entering into the vacuum is all of the speculation. amongst his parliamentary colleagues, there are no doubt those who really like him. there's also no doubt there are those who really, really would not want him back whatsoever, and there is talk among some mps of defections, resignations, by—elections were that to happen. amongst the conservative grassroots were it to get to that and a contest between the final two, polls as they are suggest boris johnson is still popular. it seems anyone who was to take him on in a final round would fear that he could win, that he could return. and just one final thought in all of this because yes, there are other names, rishi sunak and penny mordaunt and

suella braverman and kemi badenoch. there is a temptation sometimes in politics to rule out the unbelievable, and right now and certainly in the last few weeks, the idea of borisjohnson returning would have seemed unbelievable. the lesson of today is don't rule out the unbelievable.— liz truss is the shortest serving prime minister ever. her time in office quickly unravelled. liz truss was appointed on sixth september — and named kwasi kwarteng as chancellor. less than three weeks later he unveiled his mini budget, which spooked the financial markets with its large unfunded tax cuts. days later the bank of england made an emergency intervention — buying up government bonds to try to stabilise the situation. only 38 days into the job he was sacked, replaced the same day byjeremy hunt.

yesterday, suella braverman resigned at home secretary over data breaches, to be replaced by grant shapps. chaos reigned in the house of commons last night over a fracking vote. and now the prime minister is going too. vicki young reports. liz truss blamed global events for her troubles but this record—breaking, humiliating downfall was almost entirely self—inflicted. from the start she didn't enjoy the overwhelming support of colleagues, just 50 conservative mps had her as their top choice in the first round of the ballad. some experienced political commentators always had their doubts too.— their doubts too. anyone who has ever worked _ their doubts too. anyone who has ever worked with _ their doubts too. anyone who has ever worked with liz _ their doubts too. anyone who has ever worked with liz truss - their doubts too. anyone who has ever worked with liz truss will. their doubts too. anyone who has | ever worked with liz truss will tell you she doesn't take advice and she wants to hear from you she doesn't take advice and she wants to hearfrom people you she doesn't take advice and she wants to hear from people that she is right and you get frozen out if you start telling her she is wrong. it is a way to make your way so far and so fast in business or politics

but there comes a point when that tin eared nurse to contrary advice brings you down. tara;r tin eared nurse to contrary advice brings you down.— tin eared nurse to contrary advice brings you down. tory party members had been impressed _ brings you down. tory party members had been impressed over _ brings you down. tory party members had been impressed over the - brings you down. tory party membersj had been impressed over the summer as she set out her radical tax—cutting as she set out her radical tax-cutting agenda. as she set out her radical tax-cuttinu arenda. ~ ., �* ., tax-cutting agenda. what i'm about as a conservative is _ tax-cutting agenda. what i'm about as a conservative is people keeping | as a conservative is people keeping more of their own money and growing the economy to avoid a recession. her rival rishi sunak predicted that would have serious consequences. your own economic adviser has said your plans would mean interest rates have to go up to 7% so think what that means for your mortgages. iiis that means for your mortgages. his warnings were ignored and liz truss became the fourth conservative prime minister in just over six years. her programme for government was put on hold whenjust two programme for government was put on hold when just two days after being appointed, queen elizabeth died and the country entered a period of mourning. when political life resumed, the prime minister and her chancellor surprised everyone, including the rest of the cabinet,

with their plans to cut the top rate of income tax for the wealthiest. she refused to back down despite the turmoil. pare she refused to back down despite the turmoil. �* , ., she refused to back down despite the turmoil. �* i. ., , , turmoil. are you absolutely committed _ turmoil. are you absolutely committed to _ turmoil. are you absolutely committed to abolishing i turmoil. are you absolutelyl committed to abolishing the turmoil. are you absolutely - committed to abolishing the 45p tax rate for the wealthiest people in the country?— rate for the wealthiest people in the country? yes, and it's part of an overall — the country? yes, and it's part of an overall package _ the country? yes, and it's part of an overall package of— the country? yes, and it's part of an overall package of making - the country? yes, and it's part of an overall package of making ourj the country? yes, and it's part of. an overall package of making our tax system _ an overall package of making our tax system simpler. an overall package of making our tax system simpler-— system simpler. many tory mps who had gathered — system simpler. many tory mps who had gathered for— system simpler. many tory mps who had gathered for their _ system simpler. many tory mps who had gathered for their party - had gathered for their party conference were furious, especially as rumours were circulating that benefits wouldn't rise in line with inflation. a u—turn was announced the following day. within two weeks, liz truss had sacked her chancellor and was forced to sit stony faced as his replacement ripped apart almost all of her economic plan. the his replacement ripped apart almost all of her economic plan.— all of her economic plan. the prime minister and _ all of her economic plan. the prime minister and i _ all of her economic plan. the prime minister and i agreed _ all of her economic plan. the prime minister and i agreed yesterday - all of her economic plan. the prime minister and i agreed yesterday to i minister and i agreed yesterday to reverse almost all the tax measures announced in the growth plan three weeks ago that had not been legislated for in parliament. it wasn'tjust policy legislated for in parliament. it wasn't just policy problems, legislated for in parliament. it wasn'tjust policy problems, for years critics highlighted liz truss's poor communication skills

including this speech. we truss's poor communication skills including this speech.— truss's poor communication skills including this speech. we import two thirds of allergies. _ including this speech. we import two thirds of allergies. that _ including this speech. we import two thirds of allergies. that is _ including this speech. we import two thirds of allergies. that is a - thirds of allergies. that is a disgrace. —— of our cheese. band disgrace. -- of our cheese. and in recent weeks _ disgrace. -- of our cheese. and in recent weeks hesitant _ disgrace. -- of our cheese. and in recent weeks hesitant interviews i recent weeks hesitant interviews haven't helped. haste recent weeks hesitant interviews haven't helped.— recent weeks hesitant interviews haven't helped. we will spend more in mortgage — haven't helped. we will spend more in mortgage fees — haven't helped. we will spend more in mortgage fees than _ haven't helped. we will spend more in mortgage fees than we _ haven't helped. we will spend more in mortgage fees than we would - haven't helped. we will spend more i in mortgage fees than we would have saved with energy. i in mortgage fees than we would have saved with energy.— saved with energy. i don't think an bod saved with energy. i don't think anybody is _ saved with energy. i don't think anybody is arguing _ saved with energy. i don't think anybody is arguing we - saved with energy. i don't think| anybody is arguing we shouldn't saved with energy. i don't think - anybody is arguing we shouldn't have acted _ anybody is arguing we shouldn't have acted on _ anybody is arguing we shouldn't have acted on energy. anybody is arguing we shouldn't have acted on energy-— acted on energy. plenty of conservative _ acted on energy. plenty of conservative mps - acted on energy. plenty of. conservative mps expressed acted on energy. plenty of- conservative mps expressed doubts about liz truss a's abilities before she became leader but her friends say she wasn't given a chance to prove herself. vicki young, bbc news. liz truss' hold on power has been precarious almost from the very start, but it was her mini budget that caused turmoil on the markets and unintentionally left millions of people with more expensive mortages that sparked her rapid decline, as our business editor simonjack reports. the road to liz truss's demise

arguably started here. not so many budget that she and her chancellor announced with great fanfare. they promised £16 billion worth of growth boosting tax cuts, but there was a problem. there was no explanation of how it would be paid for and no analysis from the budget watchdog as to whether the sums add up. but the chancellor was defiant and promised more giveaways over that weekend. there is more to come. we have only been here 19 days. i want to see over the next year people retain more of their income. the financial markets didn't _ more of their income. the financial markets didn't like _ more of their income. the financial markets didn't like it, _ more of their income. the financial markets didn't like it, they - more of their income. the financialj markets didn't like it, they thought it showed a reckless approach to the public finances. the pound fell to its lowest level in history against the dollar. the cost of government borrowing rose so quickly, the bank of england had to get involved and that. other borrowing costs, mortgage rates which were already rising spiked even higher with the cost of an average two—year deal now

over 6.5%. the markets gave a massive thumbs down. so the plan was stripped of almost every major measure, and £18 billion cut in corporation tax, a 1p cut in income tax, all binned by the replacement chancellorjeremy hunt. the chancellor jeremy hunt. the financial chancellorjeremy hunt. the financial markets were reassured, a measure of calm was restored, and even today the markets have barely moved. how come?— moved. how come? jeremy hunt is considered — moved. how come? jeremy hunt is considered a _ moved. how come? jeremy hunt is considered a safe _ moved. how come? jeremy hunt is considered a safe pair— moved. how come? jeremy hunt is considered a safe pair of— moved. how come? jeremy hunt is considered a safe pair of hands. hej considered a safe pair of hands. he has put in place the policies of rishi sunak and they liked rishi sunak. they gave him a lot of credence in the markets. the markets could potentially be afraid of who will be our next prime minister. but businesses like this drinks firm in sunderland have found the price instability hard to manage. for us clari and instability hard to manage. for us clarity and certainty _ instability hard to manage. for us clarity and certainty are _ instability hard to manage. for us clarity and certainty are the - instability hard to manage. for us| clarity and certainty are the things i think every business is struggling with. we have been through a cycle

where we were getting a cost increase on raw materials every month and that needs to settle. idem; month and that needs to settle. very few businesses _ month and that needs to settle. very few businesses feel _ month and that needs to settle. very few businesses feel in a position to grow the economy which was and is the government's goal. so confidence has slumped- — the government's goal. so confidence has slumped. there _ the government's goal. so confidence has slumped. there no _ the government's goal. so confidence has slumped. there no recruitment, i has slumped. there no recruitment, no exporting, so we need political stability to make decisions to employ someone to invest or expand their business. politics needs to catch up. in their business. politics needs to catch u -. " their business. politics needs to catch u. " ,, their business. politics needs to catchu. " catch up. in 11 days, the government is due to publish _ catch up. in 11 days, the government is due to publish a _ catch up. in 11 days, the government is due to publish a revised _ catch up. in 11 days, the government is due to publish a revised and - is due to publish a revised and independently scrutinised economic plan. untilthen, a independently scrutinised economic plan. until then, a cloud hangs over the markets and the wider economy. simon jack, bbc news. faisal islam is with me now. tell me about the wider impact this is likely to have on the uk economy. pretty calm in the borrowing market assignment has been referring to and also in currency markets. there was

enthusiasm when the resignation was first announced but now uncertainty has opened up. if we step back from this, an extraordinary 44 days now, the lesson is if you are going to be radical in economic terms, make sure you look competent and credible and stable and probably don't do it at a time when the global economy is looking a bit shaky because that was too much for the markets. essentially, this radicalism put a target in terms of british assets. so i think the other issue here is the calmness we have seen over the past three or four days is predicated on a set of assumptions around jeremy hunt's leadership at number 11, around jeremy hunt's leadership at number11, around a around jeremy hunt's leadership at number 11, around a set of policies to fund the unfunded tax cuts, cancel most of them, find the spending cuts over the next couple of weeks. and the question now is are we sure that of the leadership

contenders, they will stick to that? you can imagine perhaps almost all of them saying we stand byjeremy hunt's plan. but to the extent they don't, that injects uncertainty into the markets and the instability we have seen in the truss administration could yet outlive her. what about the reaction to liz truss' downfall. let's go to our scotland editor, james cook who is in edinburgh. yes, a great shock here as it is across the uk and the same calls here we have had from the scottish national party that we have heard from the labour leader, sir keir starmer, calls for an immediate general election. that is what

nicola sturgeon told me when i spoke