Theresa May to resign as UK Prime Minister

Daniel LEAL-OLIVAS / AFP

Theresa May on Friday announced she will step down as Conservative Party leader on June 7, with a leadership contest beginning the following week.

In a highly emotional address to the nation, she said: "I will shortly leave the job that has been the honour of my life to hold. The second female prime minister, but certainly not the last."

"I do so with no ill will but with enormous and enduring gratitude to have had the opportunity to serve the country I love."

She, however, expressed disappointment at not being able to deliver Brexit. "It is, and will always remain, a matter of deep regret to me."

May will continue as caretaker prime minister until her party elects a new leader.

More from International

Coming Up on Dubai Eye

  • Nights on Dubai Eye 103.8

    11:00pm - 7:00am

    Dubai Eye complements the conversation with the music you love from the eighties, nineties and newer.

  • Nights on Dubai Eye 103.8

    7:00am - 10:00am

    Dubai Eye complements the conversation with the music you love from the eighties, nineties and newer.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Flying Taxis

    It sounds like an episode of The Jetsons, but the sight of flying taxis whizzing around our cities could be much closer than you think.

  • Tough penalties for deliberate tax evasion

    The UAE has said that tougher penalties will come into force from 1st August for not keeping proper corporate tax records.