Theresa May on course to be next U.K. Prime minister after only rival quits race
British Energy Minister Andrea Leadsom pulled out of the race to become the leader of the ruling Conservative Party and the country's next prime minister on Monday. The move appears to clear the path for Theresa May to become the U.K.'s next prime minister. Lawmakers from the party last week chose Home Secretary Theresa May and Leadsom as the final two candidates to succeed Prime Minister David Cameron, who announced his resignation after the United Kingdom voted to leave the European Union in a referendum on June 23. Ref. USAToday.
Theresa May: Britain will not be a member of EU's single market post-Brexit
British Prime Minister Theresa May said the United Kingdom cannot be a member of the European Union's single market, which allows member states to trade with each other without restrictions. May made the statement during a wide ranging speech outlining her plans for Brexit - Britain's exit from the EU. The country voted to leave the bloc during a referendum in June. May plans to trigger the process to depart the alliance by the end of March. Ref. USAToday.
British Prime Minister Theresa May has stunned the UK political world by announcing she is to seek an early general election.
In an unexpected statement at Downing Street, May said she was starting the process of calling a vote, less than halfway through the government's term.
Under legislation introduced by her predecessor, David Cameron, the five-year terms of British governments can only be cut short with the approval of Parliament. Ref. CNN.