Boris Johnson resigns: Tugendhat announces bid to lead Tories - Shapps and Javid also considering running

Senior Tory MP Tom Tugendhat has announced he will run to replace Boris Johnson as prime minister, saying "it's time for renewal".

Mr Tugendhat, chairman of Parliament's foreign affairs committee, is the first Tory MP to announce a bid since the prime minister gave his resignation earlier today.

Writing in The Telegraph, Mr Tugendhat said: "I have served before - in the military, and now in Parliament. Now I hope to answer the call once again as prime minister.

"It's time for a clean start. It's time for renewal."

Sky News understands that Transport Secretary Grant Shapps is weighing up a leadership bid - as is former health secretary Sajid Javid.

Dominic Raab, who stood in as acting prime minister when Boris Johnson was struck down with COVID in the spring of 2020, will not run for the leadership.

Neither will former levelling up secretary Michael Gove or Matt Hancock, who quit the government after breaking COVID rules during lockdown.

Politics live: Boris Johnson makes resignation statement to country

Elsewhere, speaking before Mr Johnson announced his resignation, Ben Wallace declined to comment on whether he would run to replace him.

The defence secretary, a frontrunner to replace Mr Johnson, was asked if he would be seeking the top job while he was on a visit to a military training area in the north of England.

"Let's see what the prime minister says," he said.

Sky News' political correspondent Joe Pike understands Mr Wallace is discussing the matter with his family before deciding whether or not to make a bid.

Meanwhile, in an interestingly timed post on social media, chairman of the Northern Powerhouse Group Jake Berry said his "top priority" will always be making sure the "call for levelling up the ambition to transform the lives of people" who live in his constituency "is not lost in the noise of a leadership election".

Earlier today, Mr Johnson resigned, triggering a leadership contest in his party.

In his resignation speech he confirmed a timetable for the process to elect a new leader will be set out next week.

Mr Johnson told broadcasters he intends to remain in Number 10 until his successor is elected, but he faces resistance to that plan from within his own party.

The timetable for the leadership contest is expected to result in a successor being in place for the party's conference in October.

Former prime minister Sir John Major said it was "unwise and may be unsustainable" for Mr Johnson to stay this long.

Read more: Who are the next frontrunners to be PM?

Prior to Mr Johnson's resignation, Attorney General Suella Braverman last night indicated that she would run in any upcoming contest.

Ardent Brexiteer Steve Baker has also indicated he would run.

While Business Secretary Kwasi Kwarteng also hinted that he will throw his hat in the ring.

"We now need a new leader as soon as practicable. Someone who can rebuild trust, heal the country, and set out a new, sensible and consistent economic approach to help families," he said.

Mr Johnson has already appointed new cabinet ministers to replace MPs who quit in protest against his leadership.

These include Greg Clark as the new levelling up secretary, replacing Mr Gove and James Cleverly as education secretary - the third person to hold that role in as many days.

The new cabinet met on Thursday afternoon but no press cameras were allowed in.