British Prime Minister announces resignation


British Prime Minister Theresa May on Friday announced she will step down as Conservative leader on June 7 after failing to convince MPs to support her Brexit deal.

“It is and will always remain a matter of deep regret to me that I have not been able to deliver Brexit,” May said in a statement outside her Downing Street residence.

The move follows a mutiny in the cabinet and the Conservative Party over her Brexit strategy.

May was meeting the head of the governing party committee in charge of leadership elections to agree a timetable to stand down and allow a successor to be chosen, the reports said.

The leader of the party automatically becomes the prime minister.

Multiple reports said she intended to resign as head of the party on June 10 but continue as caretaker prime minister until the party elects a new leader.

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