British PM May expected to announce date of her departure

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British PM May expected to announce date of her departure
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British Prime Minister Theresa May is expected on Friday to announce the date of...

LONDON - British Prime Minister Theresa May is expected on Friday to announce the date of her departure, triggering a contest that will bring a new leader to power who is likely to push for a more decisive Brexit divorce deal.

May, once a reluctant supporter of EU membership, who won the top job in the turmoil that followed the 2016 Brexit vote, steps down with her central pledges - to lead the United Kingdom out of the bloc and heal its divisions - unfulfilled. “It would be much tidier if she stays on as caretaker while we go through our processes of electing a leader of the Conservative Party who will then eventually take over as prime minister,” Clifton-Brown told the BBC.The leadership election is likely to last about six weeks, starting on June 10, after U.S. President Donald Trump’s state visit to Britain.

Boris Johnson, the face of the official Brexit campaign in 2016, is the favorite to succeed May. Betting markets put a 40% implied probability on Johnson winning the top job.

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