british pm may announces resignation
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Theresa May announces resignation as British PM in emotional speech

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British Prime Minister Theresa May's resignation
British Prime Minister Theresa May’s resignation will signal the start of a leadership contest

British Prime Minister Theresa May on Friday announced in an emotional address that she will step down as Conservative leader on June 7 after failing to persuade 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, her voice breaking with emotion, said in a statement outside her Downing Street residence.

The resignation will signal the formal start of a leadership contest during which May would remain as caretaker prime minister.

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“I will resign as leader of the Conservative and Unionist Party on Friday, 7th June,” May said.

“The process for electing a new leadership should begin in the following week,” she said.

The leadership race is expected to take several weeks.

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