Theresa May Resigns As British PM
British Prime Minister Theresa May says she would quit, triggering a contest that will bring a new leader to power who is likely to push for a more decisive Brexit divorce deal.
Speaking outside 10-Downing Street May set out a timetable for her departure.
"Sadly, I have not been able to do so. I tried three times. I believe it was right to persevere even when the odds against success seemed high. But it is now clear to me that it is in the best interests of the country for a new Prime Minister to lead that effort. So I am today announcing that I will resign as leader of the Conservative and Unionist Party on Friday the 7th of June, so that a successor can be chosen.”
May endured crises and humiliation in her effort to find a compromise Brexit deal that parliament could ratify, and bequeaths a deeply divided country and a political elite that is deadlocked over how, when or whether to leave the EU.
May's departure will deepen the Brexit crisis as a new leader is likely to want a more decisive split, raising the chances of a confrontation with the European Union and a snap parliamentary election.