Liz Truss has resigned as Prime Minister, leaving the Conservative party - and the UK - in chaos. What happens now? Subscribe: / @newstatesman Speaking outside Downing Street, Truss promised that a new leader would be in place “within the next week”. Sir Graham Brady, who sets the rules for the next leadership contest, will need to act fast. In this video Rachel Cunliffe speaks to deputy political editor Rachel Wearmouth and polling expert Ben Walker to unpick exactly what happened, and predict who will replace Liz Truss as Prime Minister. Walker says the crash in support for Liz Truss is like “nothing we have seen before” and, even after her removal, the Conservative Party are “on course for a big defeat at the next election.” The race to fill the empty chair in 10 Downing Street has already begun. Boris Johnson is reportedly planning to run for a second shot at the for job, and has already received several endorsements from fellow Tory MPs. Other potential candidates are leader of the House Penny Mordaunt and former Chancellor Rishi Sunak. -- The New Statesman offers unrivalled analysis of UK politics, from the latest on Prime Minister Liz Truss and Chancellor Kwasi Kwarteng, to the ongoing Brexit saga and the latest moves by Keir Starmer and the Labour Party. -- The New Statesman brings you unrivalled analysis of of the latest UK and international politics. On our YouTube channel you’ll find insight on the top news and global current affairs stories, as well as insightful interviews with politicians, advisers and leading political thinkers, to help you understand the political and economic forces shaping the world. With regular contributions from our writers including Political Editor Andrew Marr and Anoosh Chakelian - host of the New Statesman podcast - we’ll help you understand the world of politics and global affairs from Westminster to Washington and beyond. Subscribe on YouTube: / @newstatesman Sign up to Morning Call, the daily UK politics newsletter from the New Statesman: https://www.newstatesman.com/politics... Subscribe to the New Statesman from just £1 per week: https://www.newstatesman.com/podcasto...