UK Prime Minister Theresa May To Resign Amid Mutiny Over Brexit Strategy

UK Prime Minister Theresa May To Resign Amid Mutiny Over Brexit Strategy

UK Prime Minister Theresa May To Resign Amid Mutiny Over Brexit Strategy (File Pic)

New Delhi: Theresa May, British Prime Minister announced on Friday that 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 resignation will signal the formal start of a leadership contest during which May would remain as caretaker prime minister.

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

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

The leadership race is expected to take several weeks.