Britain's next Prime Minister will be Boris Johnson, it has been announced today.
The victor will officially take up the role from tomorrow, after Theresa May takes her final Prime Minister's Questions.
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17:00 - Mark Spencer announced as new chief whip
Boris Johnson has made his first appointment as the incoming Prime Minister, handing Mark Spencer the role of chief whip.
The Sherwood MP was elected in 2010 and is the current deputy leader of the House of Commons.
The chief whip is usually given a house at 12 Downing Street and appointed as the Parliamentary Secretary to the Treasury.
The previous chief whip was Julian Smith, who was appointed by Theresa May in November 2017.
16:30 - Labour will table no confidence vote
Labour leader Jeremy Corbyn has said his party will table a motion of no confidence in Boris Johnson "when appropriate to do so."
When pressed on when an "appropriate" time may be, he said "it will be an interesting surprise for all of you", adding "we will do a motion of no confidence at a time of our choosing."
He said: "Tomorrow there will be Prime Minister's Question Time with Theresa May for the last time, I understand Boris Johnson will be making a statement to the house on Thursday and setting out his general approach and we'll be setting out our approach of a decent, investment led society that delivers for every part of Britain and all communities."
14.30 - Uxbridge bakery makes celebratory Boris cake
A bakery in Boris Johnson's Uxbridge and South Ruislip constituency have made a cake celebrating his victory.
The shop was opened by Mr Johnson himself, and is the 44th to open in the Cake Box bakery chain - owned by the family of local councillor Roy Chamdell.
13:45 - Trump congratulates 'great' Boris
The US president has said Boris Johnson "will be great" as the UK's next Prime Minister.
Tweeting his support to the newly-crowned Conservative leader, Trump said: "Congratulations to Boris Johnson on becoming the new Prime Minister of the United Kingdom. He will be great!".
His daughter, Ivanka Trump, also posted a message of support, featuring an unfortunate error.
"Congratulations Boris Johnson on becoming the next Prime Minister of the United Kingston [sic]," she wrote.
Labour leader Jeremy Corbyn, who Mr Johnson said he was going to "defeat" in his victory speech, was less enamoured with the news of his win.
He tweeted: "Boris Johnson has won the support of fewer than 100,000 unrepresentative Conservative Party members by promising tax cuts for the richest, presenting himself as the bankers' friend, and pushing for a damaging No Deal Brexit.
"But he hasn't won the support of our country."
12:00 - Boris Johnson to become next Prime Minister
Boris Johnson will become the UK's next Prime Minister after winning the Conservative leadership contest in a landslide victory.
The Brexiteer beat Foreign Secretary Jeremy Hunt in the ballot of almost 160,000 Conservative Party members with 92,153 votes to 46,656.
The election saw a 87.4 per cent turnout by Conservative Party members.
In his victory speech, Mr Johnson thanked his rival, and pledged to "defeat Corbyn".
09:00 - 'All to play for', say contenders
Foreign Secretary Mr Hunt was in a positive mood when he arrived home from a run this morning, despite Mr Johnson remaining the favourite to take over from Theresa May.
With the result now expected at around midday, Mr Hunt said there was still "all to play for", a comment echoed by his rival as he entered his campaign headquarters.
08:00 - Hunt win would be an 'extraordinary upset'
Nicky Morgan has remained tight-lipped about who she is backing
Conservative MP Nicky Morgan refused to rule out the possibility of race underdog Jeremy Hunt becoming Prime Minister.
The Treasury Select Committee chair told talkRADIO's Julia Hartley-Brewer: "It would be an extraordinary upset if Hunt were to snatch victory from the jaws of what seems like defeat for him.
"But you can never say never until you have heard the results being read out."
The politician also took aim at Sir Alan Duncan, who resigned yesterday.
"I think it is quite extraordinary that people are resigning before they even know who the new leader is," she said. "We are all meant to be in one party."
07:30 - Hunt and Johnson await results
Either Boris Johnson or Jeremy Hunt will be named as Prime Minister today
Boris Johnson and Jeremy Hunt are awaiting the news of who is to become the next Prime Minister and Conservative leader.
Voting closed at 5pm yesterday, and the result is expected to be announced at around 11am.
Mr Johnson remains the bookies' favourite to take the title, but his victory could spark more resignations, with both chancellor Philip Hammond and Justice Secretary David Gauke pledging to quit if he wins.
And yesterday, vocal Johnson critic, Sir Alan Duncan, resigned as a Foreign Office minister.
The new Prime Minister will have to govern with a Tory-DUP majority of just two.
The government majority could further be reduced next week if the Conservatives lose the Brecon and Radnorshire by-election.