BREAKING: Boris Johnson resigns as UK PM

• What: In a major development in the British politics, Boris Johson is set to resign as the Prime Minister of the United Kingdom on Thursday.

• Why: This move comes after the conservative PM had been facing a lot of backlash for his handling of Covid, and he was abandoned by ministers and his Conservative Party’s lawmakers who said he was no longer fit to govern.

• Background: Eight ministers of his cabinet, including two secretaries of state, resigned in a matter of two hours.

• Whats next: The Conservatives will now have to elect a new leader, a process which could take about two months. Speculation is that Indian-origin Rishi Sunak can take over the post.