Theresa May is next British prime minister; Leadsom quits Conservative race | Business Insider

Theresa May will become the next prime minister of the United Kingdom on Wednesday evening.

Current Prime Minister David Cameron announced on Monday afternoon that he intends to resign by Wednesday evening, paving the way for the Home Secretary to take over much earlier than initially expected.

Speaking outside 10 Downing Street, Cameron said he was “delighted” May was going to be his successor and lauded her as a “strong” politician.

Conservative party official Graham Brady confirmed earlier in the day that he was set to formally appoint May as the party’s new leader after her only challenger, Andrea Leadsom, pulled out at about noon in the UK.

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