KATHMANDU, July 7: Embattled British Prime Minister Boris Johnson has decided to stand down as Conservative Party leader after losing the support of his ministers and MPs, according to a BBC report.
A Conservative leadership contest will take place this summer and a new prime minister will be in place in time for the party conference in October, the report said.
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In the meantime, Mr Johnson will continue as prime minister.
He had vowed to "keep going" following a wave of resignations from the government over his leadership. But was urged to stand down by senior members of his cabinet, including newly-appointed chancellor Nadhim Zahawi.