Theresa May to step in as UK PM on Wednesday

The world is anxiously waiting for the new British Prime Minister to take over on Wednesday from the incumbent David Cameron.

Theresa May is expected to become Britain’s next Prime Minister by Wednesday evening after the last of her pro-Brexit rivals, Mrs Leadsom, was said to have pulled out of the Conservative leadership race on another day of high drama at Westminster.

The 59 years old Theresa May is expected to formally replace David Cameron by Wednesday, once the formalities of the transition of power, including an audience with the Queen, have been completed.

It was learnt that Mr. Cameron is set to chair his final cabinet meeting on Tuesday and hold a last Prime Minister’s Questions in the Commons on Wednesday, before offering the Queen his resignation.

Mr Cameron, who has been the PM for the past six years, will be replaced by the Home Secretary, the second woman who is expected to occupy Number 10 Downing Street after Margaret Thatcher.

The contender, Mrs Leadsom, who had pulled out in a tearful mood, announced her allegiance to Theresa May at the Westminster.

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Ostensibly overwhelmed by blatant criticisms for priding herself as better qualified than May and for exaggerating her Curriculum Vitae (CV), the energy minister had to step down.

However, Mrs May said she would take Britain out of the EU: “Brexit means Brexit,” she said. “We’re going to make a success out of it.”

Following a referendum that held last month removing Britain from retaining its membership of European Union (EU), PM David Cameron indicated interest to step down from being the PM stressing that “it was time for the future of the country to be managed by new crops of leaders.”

Prime Minister David Cameron was to step down by October after the UK voted to leave the European Union, asking for a “fresh leadership” to lead the country.

The PM had urged the country to vote Remain but was defeated by 52% to 48% despite London, Scotland and Northern Ireland backing staying in.