Queen Elizabeth II has died.
Shortly after 6:00PM, Buckingham Palace announced: "The Queen died peacefully at Balmoral this afternoon.
"The King and the Queen Consort will remain at Balmoral this evening and will return to London tomorrow."
The news came roughly six hours after the palace announced that the 96-year-old monarch was receiving "medical supervision" at the royal estate.
Throughout the day, members of the Royal Family were seen arriving at Balmoral including the new heir apparent Prince William, the Duke of York, Princess Anne, the Earl of Wessex, and the new king, Charles III.
Following the loss of his mother, the new king, Charles, released the following statement:
"The death of my beloved Mother, Her Majesty The Queen, is a moment of the greatest sadness for me and all members of my family.
"We mourn profoundly the passing of a cherished sovereign and a much-loved mother.
"I know her loss will be deeply felt throughout the country, the Realms and the Commonwealth and by countless people around the world.
"During this period of mourning and change, my family and I will be comforted and sustained by our knowledge of the respect and deep affection in which the Queen was so widely held."
Prime Minister Liz Truss has revealed that the new king will be known as King Charles III. Clarence House has since confirmed that this is the name King Charles III will be using for his reign on the throne.
At the age of 73, he is the oldest monarch to ascend the throne.
Per BBC News, the Royal Family will now enter a period of mourning, with all official engagements being canceled and union flags to be flown at half-mast on royal residences, government buildings, across the Armed Forces and UK Posts overseas.
