Rishi Sunak has entered the race to be the next leader of the Conservative Party and prime minister.

The former chancellor is the most high profile figure so far to announce his candidacy.

His resignation from the cabinet on Tuesday helped trigger the mass walkout of ministers that forced Boris Johnson to stand down as Tory leader.

Mr Johnson intends to stay on as prime minister until the Tory party chooses a successor.

Senior backbencher Tom Tugendhat and Attorney General Suella Braverman have already announced their plans to stand.

Announcing his decision ina social media video, Mr Sunak said he wanted to "restore trust, rebuild the economy and reunite the country".

He added: "Someone has to grip this moment and make the right decisions."