Boris Johnson has been elected new Conservative leader in a ballot of party members and will become the next UK prime minister. He beat Jeremy Hunt comfortably, winning 92,153 votes to his rival's 46,656. The former London mayor takes over from Theresa May on Wednesday.
In his victory speech, Mr Johnson promised he would deliver Brexit, unite the country and defeat Jeremy Corbyn.
Speaking at the Queen Elizabeth II centre in London, he said: We are going to energize the country.
We are going to get Brexit done on 31 October and take advantage of all the opportunities it will bring with a new spirit of can do.
We are once again going to believe in ourselves, and like some slumbering giant we are going to rise and ping off the guy ropes of self doubt and negativity.
Mr Johnson thanked his predecessor, saying it had been a privilege to serve in her cabinet. He was Mrs May's foreign secretary until resigning over Brexit.
The outgoing PM - who is standing down after a revolt by Conservative MPs over her Brexit policy - congratulated her successor, promising him her full support from the backbenches.
Foreign Secretary Mr Hunt said he was very disappointed, but Mr Johnson would do a great job. He said he had total, unshakeable confidence in our country and that was a valuable quality at such a challenging time.
Mr Hunt added: It was always going to be uphill for us because I was someone who voted Remain and I think lots of party members felt that this was a moment when you just had to have someone who voted for Brexit in the referendum.
In retrospect, that was a hurdle we were never able to overcome.
US President Donald Trump also sent his congratulations to Mr Johnson, tweeting: He will be great!”
Almost 160,000 Conservative members were eligible to vote and turnout was 87.4%.
Mr Johnson's share of the vote - 66.4% - was slightly lower than that garnered by David Cameron in the 2005 Tory leadership election (67.6%).
The former London mayor and Uxbridge and South Ruislip MP will announce his new cabinet after he is invited to form a government by the Queen on Wednesday.
However, it has already been confirmed that Mark Spencer, MP for Sherwood in Nottinghamshire, will become chief whip, the person responsible for enforcing party discipline in the Commons.
A number of senior figures have already said they will not serve under Mr Johnson, though, citing their opposition to his stance on Brexit.
He has pledged the UK will leave the EU on 31 October do or die, accepting that a no-deal exit will happen if a new agreement cannot be reached by then.
Education Minister Anne Milton tweeted her resignation just half an hour before the leadership result was due to be revealed, insisting the UK must leave the EU in a responsible manner.
And International Development Secretary Rory Stewart confirmed he would be returning to the backbenches, where he would be spending more time serving Cumbria and walking.
David Gauke, another vocal opponent of a no-deal Brexit, announced he was resigning as justice secretary.
They join the likes of Chancellor Philip Hammond, Foreign Office minister Sir Alan Duncan and Culture Minister Margot James who have all said they disagree too strongly with Mr Johnson's Brexit strategy to work closely with him.
The EU Commission's Brexit negotiator, Michel Barnier, said he was looking forward to working with Mr Johnson to facilitate the ratification of the withdrawal agreement and achieve an orderly Brexit.
Mr Johnson has previously said the agreement Mrs May reached with the EU was dead, having been rejected three times by MPs.
Guy Verhofstadt, the European Parliament's chief Brexit co-coordinator, said the parliament would hold an extraordinary meeting on Wednesday in response to Mr Johnson's election.
Jeremy Corbyn reacted to the news of Mr Johnson's victory by tweeting that he had won the support of fewer than 100,000 unrepresentative Conservative Party members, but hasn't won the support of our country.
Johnson's no-deal Brexit would mean job cuts, higher prices in the shops, and risk our NHS being sold off to US corporations in a sweetheart deal with Donald Trump, the Labour leader continued.
The people of our country should decide who becomes the prime minister in a general election, he added.