Liz announced her departure on Thursday with a short statement outside Downing Street.
She stated: "I came into office at a time of great economic and international instability. Families and businesses were worried about how to pay their bills.
"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.
"I recognise though, given the situation, 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."
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