UK Prime Minister announces that he is resigning amid repeated scandals that drew his credibility into question.
“In politics, no one is remotely indispensable,” he says in a speech in front of 10 Downing Street.
Johnson is defiant in his remarks and spends most of the speech hailing what he says were his accomplishments as premier.
He does not give a timetable for when he’ll resign but says he’ll do so next week.
Johnson says he’ll appoints a new cabinet, amid the flood of resignations in recent days.
He insists his Tory party is capable of choosing a new leader and says that he’ll give that person as much support as he can.
“I want you to know how sad I am to be giving up the best job in the world,” he says.