The United Kingdom’s Prime Minister Theresa May is to step-down as Conservative Party leader, triggering a contest that will elect a new prime minister. The UK’s Theresa May will resign as Conservative Party leader on June 7, setting in motion a contest that will elect a new party leader and prime minister.
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Her announcement, however, does not trigger a parliamentary election. Instead, the Tory party will elect the successor through several rounds of internal ballots.