Prime Minister Boris Johnson resigned on Thursday, bitterly ending his nearly three-year tenure as controversial and outrageous prime minister.Outside Downing Street, Johnson said the process of selecting a new Tory leader has now begun and will be announced next week. His decision to stay in power was made despite a clear lack of support within the partyparty and the growing pressure to resign immediately across the political spectrum. Immediately after Johnson's announcementThe pound rose 0.4% to $1.1979. It came as the administration and the Johnson party approached the 1960s since Tuesday night when Tory members publicly professed a lack of trust in the prime minister. Increase.Treasury Secretary Nadim Zahawi, the latest figure among Johnson's allies, said the unprecedented political crisis over his future was unsustainable and "has only gotten worse" and "is going now". i pushed youAmazingly, Zahawi's call for Johnson's resignation came just two days after the Prime Minister appointed him Treasury Secretary.The inexorable resignation process began to move dramatically with Finance Minister Rishi Sunak and Health Minister Sajid Javid. Two senior ministers each resigned on Tuesday night minutes after controversy over Johnson's decision to appoint Christopher Pincher to lead the group earlier this year.Pincher resigned last week and was suspended as a Conservative member after being accused of being drunk and groping two men at a private club. It has since become clear that Johnson cast him in the role despite knowing of previous allegations of illegal activity against him.Johnson apologized for appointing Pincher as vice president. Since then he has repeatedly denied his call for the resignation, saying he has a "huge mission" to pursue. But on Thursday, Johnson bowed to political pressure over his future and announced his resignation.Johnson's downfall ends his reputation as a "teflon" prime minister. The 58-year-old former mayor of London was known for his ability to bow to political controversy.Last month, Johnson survived a vote of no confidence from his own lawmakers amid growing dissatisfaction with his leadership. In a Conservative secret ballot, about 211 members voted for Johnson and 148 against Johnson. Johnson's resignation means there is a leadership contest to decide who will be the next Conservative leader and prime minister.Every candidate must win the support of the Tories, with the latter two opposing in a conservative vote.Former Secretary of State Rishi Sunak, Former Secretary of State Liz Truss, Former Secretary of State Sajid Javid, Former Secretary of State Jeremy Hunt, Former Secretary of State Michael Gove, Secretary of International Trade Penny Modant, Defense Secretary Ben Wallace is a strong candidate. He will apply for candidates to be nominated for leadership elections.Pollhouse YouGov said a comparison of individual candidates showed that Wallace was clearly a favorite among Conservative members to become the next party leader.

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