UK PM Theresa May announces resignation, will quit on June 7

British Prime Minister Theresa May

British Prime Minister Theresa May confirmed her resignation in a solemn address given outside her former residence at No. 10 Downing street Friday in a long-awaited move. The process for electing a new leader should begin next week May said, after confirming that she had informed the Queen of her decision to step down while expressing regret that she had failed to secure a Brexit deal.