Home Business News Theresa May to formally stand down as Tory leader

Theresa May to formally stand down as Tory leader

by LLB Politics Reporter
7th Jun 19 10:48 am

Theresa May the prime minister formally stands down as Conservative Party leader on Friday, May will continue as actin party leader until a successor is voted in.

In an exchange of letters with the joint acting chairmen of the 1922 backbench committee Charles Walker and Dame Cheryl Gillan, May will confirm her decision to stand down.

Once May has formally stood down leadership candidates will be called at 5pm, and nominations will open on Monday at 10am and will close at 5pm.

It is expected that the new leader will be in place the week of 22 July after a postal ballot of the Tory party’s 120,000 grassroot members, under the timetable set out by the party high command.

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