What happens next after Rishi Sunak named new Prime Minister – from moving into No10 to meeting King Charles

RISHI Sunak has won the Tory leadership election, meaning he will soon become the next Prime Minister.

After Penny Mordaunt failed to get 100 MP backers, it meant he was the only one to meet the threshold to stand in the leadership race, and became the last one standing.

A super speedy contest after Liz Truss resigned last week means he looks likely to take over from her on Tuesday.

Here’s what we expect to happen in the coming hours and days – as the former Chancellor gets the top political job.

Liz Truss formally resigns

As Ms Truss is still the PM constitutionally, she will have to formally resign first.

The King is understood to be coming back to London from Sandringham on Monday evening.

No10 confirmed that the swap over would take place on Tuesday morning.

Resignation statement

The outgoing PM will hold a Cabinet meeting tomorrow morning at around 9am.

She will then make a brief statement outside No10at approximately 10.15am – as she leaves there for the final time.

The twirly podium will come out for the final time with Ms Truss as she says goodbye to the nation and sums up her short time in office.

Meeting the King

After Ms Truss formally stands down after a trip to the Palace, Rishi will then be invited to the Palace by the King to form a new government.

They will pose for a picture, and the entrance may be captured on camera as Charles has been keen to do lately.

The pair will then have a short chat before the new PM returns to No10 formally as PM.

Going into No10

He will then give his own statement outside No10 tomorrow at around 11.35am.

Usually, new PMs pose for a pic outside the famous No10 door on the way in.

Rishi’s wife Akshata Murthy and their two daughters may join them too for a smile and a wave for the cameras.

The pair will enter Downing Street and be welcomed by an entourage of staff and officials, ready to show them around.

Everything from the last administration will have been swiftly cleared out by civil servants, beavering away behind the scenes.

First speech

Cabinet reshuffle

Then, it will be straight to work for Mr Sunak and his top team.

He will have a string of officials and staff ready and waiting to enter No10 with him.

Together they will get to work on appointing his top Cabinet team – likely to be a combination of staunch allies and some Boris and Penny backers in a bid to try and unite the party.

PMQs

Rishi will likely take his first PMQs session in the House of Commons on Wednesday.

Ms Truss had expected to do so, meaning she won’t get the chance to have her last session and wave goodbye to MPs.

It means the new PM will have very little time to prepare to go up against Sir Keir Starmer.

Mini-Budget?

One of the first decisions the new PM will have to contend with is whether to go ahead with the 31 October statement.

No10 said earlier that they were preparing for it “should” the new PM decide to have it on that day.

But it’s expected he may push it back to look again at the whole package and whether he wants to go through with it, or look to different policies.