UK Prime Minister, Theresa May to step down as PM

UK Prime Minister and leader of the Conservative party since 2016 has announced plans to quit as Conservative leader.

This will pave the way for a contest to decide a new prime minister.

In an emotional statement, Theresa who had been pushing for a Brexit deal said she had done her best to deliver Brexit and it was a matter of “deep regret” that she had been unable to do so.

However, Mrs May said she would continue to serve as PM while a Conservative leadership contest goes on.

Reacting to the new development, the party said it hopes a new leader could be in place by the end of July.

 

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