Britain's first leader of color meets with King Charles III, who had just accepted resignation of Liz Truss; says he'll place 'economic stability and confidence' at heart of agenda

Former Treasury chief, who will be Britain's first leader of color, will replace Liz Truss after her turbulent 45-day term roiled both the party and the country

Former finance minister reportedly holds lengthy talks with ex-PM Boris Johnson ahead of repeat party leadership contest that could be decided within a week

Ex-premier cuts vacation short to return to home, with allies telling British media he's 'up for it,' as Conservative rival Rishi Sunak reaches minimum threshold to contest for job