So now we know.
Theresa May will formally resign as leader of the Conservative party on Friday 7th June and the search for a new leader will formally begin in the following week. She will remain as Prime Minister until that search reaches its conclusion.
Her statement outside Downing Street just now was clearly intended to set out the successes of her Premiership as well as acknowledging that she had been unable to resolve the matter of Brexit, but ended with her voice breaking and close to tears as she referred to her love for the country.
We now have the beginning of a new era. Whatever agreement has been made with her party colleagues, campaigning to replace her has already begun and the many potential candidates are lining up in droves. Boris Johnson may be the bookies' favourite but how often does the favourite fall long before the last fence ? Others may find that they have too little support amongst their parliamentary colleagues and won't even make it to the starting gun, while there's always the possibility of an outsider coming from nowhere to snatch victory on the line.
Johnson, Gove, Raab, McVey, Javid, Hunt, Stewart, Rudd, Mordaunt, Baker, Truss, Leadsom, Hancock - one of these or someone else ?
All will be revealed over the course of the next couple of months.
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