Boris Johnson becomes UK Prime Minister

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9:39 a.m. ET, July 24, 2019

May arrives to resign at Buckingham Palace

The quick journey from Downing Street is over, and Theresa May has arrived at Buckingham Palace.

Outside, a handful of anti-Brexit protesters are holding up a banner demanding a second referendum.

May will officially resign to the Queen and recommend Boris Johnson as her successor. It's not known how long the meeting will last -- but once May leaves, she'll be a backbencher.

10:36 a.m. ET, July 24, 2019

May was interrupted by a Stop Brexit protester

Theresa May's final speech was interrupted by the "Stop Brexit" activist who has been a fixture outside Parliament for the past three years.

"That wasn't me," her husband Philip joked about the remark. "The answer to that is, I think not," May added.

The Mays then stood on the steps of Number 10 with their arms around each other as they waved to the media assembled opposite. The pair then entered a waiting car to leave Downing Street for the last time.

9:34 a.m. ET, July 24, 2019

Theresa May on her way to Buckingham Palace

Theresa May is on her way to Buckingham Palace. It’s her last journey as prime minister.

Before getting in the car, she posed for her final picture with Philip outside the famous door.

It’s about a five-minute drive from Downing Street to the Palace. Once there, May will resign to the Queen in a brief meeting before leaving as a backbench MP.

The monarch will then prepare to welcome her successor, Boris Johnson, who will make the journey to the Palace shortly. 

9:32 a.m. ET, July 24, 2019

May: "Thank you for putting your faith in me"

Theresa May has begun her farewell speech, flanked by her staff and her husband.

"I am about to go to Buckingham Palace to tender my resignation to Her Majesty the Queen," she says, wishing Boris Johnson and his team "every good fortune."

"Their successes will be our country's successes," she says.

May then notes that "much remains to be done," and says that securing Brexit is "the immediate priority."

She says leaving the EU can prompt "a national renewal."

She calls serving as PM "the greatest honor," adding that "you achieve nothing alone."

"My final words are of sincere thanks," she says, paying tribute to her colleagues and to all those in public service.

"I also want to thank the British people," she says. "Thank you for putting your faith in me and giving me the chance to serve."

May says: "I hope that every young girl who has seen a woman prime minister now knows for sure that there are no limits to what they can achieve."

Finally May thanks her husband, before jokingly pausing for a protester outside the gates.

She confirms she will return to the backbenches and will continue to make Britain "a country that truly works for everyone."

9:26 a.m. ET, July 24, 2019

HAPPENING NOW: Theresa May makes her last speech as prime minister

Theresa May has walked to the podium outside Downing Street to give an address. She will then head to Buckingham Palace to resign as prime minister to the Queen.

9:21 a.m. ET, July 24, 2019

May to give her last address to the nation

Jeff J Mitchell/Getty Images
Jeff J Mitchell/Getty Images

The podium is set, and reporters are awaiting Theresa May's final speech before she heads to Buckingham Palace to resign to the Queen.

A car is waiting a few feet away, ready to whisk May out of power.

9:21 a.m. ET, July 24, 2019

Ex-PM David Cameron congratulates Johnson

Peter Macdiarmid/Getty Images
Peter Macdiarmid/Getty Images

David Cameron famously has spent much of his time since leaving Downing Street writing his memoirs in a costly garden shed, which might explain why he's slightly late to the news that Boris Johnson has won the Conservative leadership election.

He's just posted on Twitter congratulating his longtime ally and fellow old Etonian, and wishing him well in the post.

9:45 a.m. ET, July 24, 2019

Two more ministers follow Hammond out the door

Theresa May can't even have her last lunch in peace.

She's been handed some more resignation letters, with the expected wave of departures facing Boris Johnson well and truly in motion.

Rory Stewart, the candidate for Conservative leadership and Johnson critic who picked up an unexpected surge of support from moderates in the leadership race, has left his post as International Development Secretary. He appeared to confirmed the news in a slightly cryptic tweet.

PA is reporting that David Gauke, the Justice Secretary, has also quit. That's another expected departure. And May's de facto deputy David Lidington has added his name to the list of departures.

It's worth noting that while these resignations can certainly be read as a lack of faith in Johnson's Brexit strategy, the new PM would likely have replaced them as ministers anyway.

8:45 a.m. ET, July 24, 2019

May having lunch in the garden before her final speech

Theresa May is enjoying her last moments in Downing Street. She's having lunch in the garden with her husband Philip, on a baking hot day in London, and will bid farewell to her staff before making her final statement.

That's scheduled for the next hour, and a podium has been set up outside Downing Street, so she'd better eat quickly.