Update 6.10pm - May formally appointed Conservative Party leader
Who is Theresa May?
Watch: Cameron hums a tune as he walks away
Leadsom quits leadership race
Theresa May will take the keys to No 10 by Wednesday evening, David Cameron has confirmed.
The current Home Secretary was officially appointed Conservative Party leader this afternoon, with party committee chairman Graham Brady saying she was the party's new leader "with immediate effect".
Prime Minister Cameron said he was "delighted" that May would succeed him in Downing Street and he will go to the Palace to offer his resignation to the Queen on Wednesday afternoon.
Cameron will chair his last Cabinet meeting tomorrow morning and appear in the Commons for the final time as premier when he takes to the Despatch Box for Prime Minister's Questions at noon on Wednesday.
"It is clear Theresa May has the overwhelming support of the Conservative parliamentary party," Cameron said, adding that May was "strong, she is competent, she’s more than able to provide the leadership the country is going to need in the years ahead and she will have my full support."
May became the last candidate standing in the race to the Tory...