Liz Truss is the new Prime Minister - what happens next? Your hour-by-hour guide

Liz Truss has been named Britain's next Prime Minister - the fourth Tory in six years.

This midday announcement triggers a flurry of activity within the government to organize the handover of power.

Not only does the new Prime Minister have to travel to Balmoral (not Buckingham Palace) to meet the Queen, but he has a cabinet reshuffle and PMQs.

Not to mention the great 'tsunami' facing millions of Britons - the cost of living disaster set to strike this winter.

Liz Truss won by the tightest margin in Conservative history since the current rules - requiring members to vote - were introduced in 1998.

She got 57% against 66% for Boris Johnson, 68% for David Cameron and 61% for Iain Duncan Smith. Theresa May was crowned after the departure of her rival.

Liz Truss after being announced as the new Prime Minister - who will be confirmed tomorrow (

Picture:

Getty Images)

At least one thing is off the table. She appeared to rule out a snap general election - saying there would be a "big win for the Conservative Party in 2024".

We explain, hour by hour, how the next few days could unfold.

Monday: Boris Johnson's last night at No 10

After the 12.30pm announcement, Boris Johnson will spend his 1,139th and final night in office.

He moved to Checkers in his final weeks, but may choose to stay in the Downing Street flat, where his belongings have already been moved.

The lame Prime Minister's latest acts include appealing to Ukrainian President Zelenskyy and promoting a medal for Britain's nuclear test veterans.

In a victory for the Mirror, which has campaigned for veterans to be honoured, he urged the government to 'reconsider the case for medal recognition'.

Meanwhile, Liz Truss will put the finishing touches on her team and speak to MPs and allies as she prepares to take office.