Theresa May has announced she will step down as the Leader of the Conservative Party, paving the way for a new prime minister.
In an emotional statement in Downing Street this morning, she said it is a matter of “deep regret” that she has been unable to deliver Brexit but she had “done my best” to honour the 2016 EU referendum result.
Mrs May added: “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.
“I have kept her Majesty the Queen fully informed of my intentions and I will continue to serve as her prime minister until the process has concluded.”
A leadership contest is expected to begin in the week following her resignation.