Theresa May could announce her resignation as leader of the Conservative Party as soon as Friday, allowing a contest to elect her successor to begin early next month.
The Telegraph reports that if she does so, she would remain as Prime Minister until a new leader is elected by her Party, meaning she would almost certainly hand over the keys to Downing Street before the end of July.
Sources close to Mrs May insisted she had not indicated whether she has made a final decision on her future, but allies have told her she must not delay any longer.
When Mrs May does resign, a Tory leadership contest is expected to begin on Monday, June 10, avoiding a clash with President Donald Trump’s State visit and D-Day commemorations the preceding week.
With Parliament in recess next week, Boris Johnson, Dominic Raab, Sajid Javid, Jeremy Hunt and Michael Gove are among the candidates who will spend the break ramping up their efforts to win the endorsement of MPs, who will later whittle the field down to two through a series of knockout votes.
Via The Telegraph