BREAKING: British Prime Minister Theresa May announces resignation from Conservative leadership in June

BRITISH Prime Minister Theresa May has announced she will step down as leader of the Conservatives on Friday June 7.

May said she would stay on as prime minister until the Conservatives choose her successor.

The prime minister announced the timetable for her departure in front of 10 Downing Street this morning (Friday May 24).

She said it was a matter of ‘deep regret’ to her that she could not deliver Brexit and said that job would fall to her successor.

May also called for all sides to compromise so that Britain could leave the EU and said Brexit was the ‘biggest challenge’ any peacetime government has faced.

 “I will shortly leave the job that it has been the honour of my life to hold,” May said.

The prime minister added the 2016 referendum which saw voters choose to leave the EU was also a call for fundamental change for the country.

May’s announcement comes as members of her own party have pressured her to go after her attempt to bring her draft Withdrawal Agreement back to parliament failed this week.

The prime minister planned to offer MPs a vote on a second referendum. But MPs from her own party refused to back it and the Labour opposition said they would not support her efforts either.

May met with the chairman of the 1922 Committee of backbench Conservative MPs Graham Brady before her announcement this morning.

It is believed Brady made an ultimatum to May to announce a timetable for her departure or face a being ousted with a leadership contest.