Published: Wed, June 12, 2019
Worldwide | By Isabel Fisher

Conservatives Battle to Replace Theresa May

Conservatives Battle to Replace Theresa May

From there, she sent a formal resignation letter to the acting co-chairs of the Tory backbench 1922 Committee.

The new leader is expected to be announced the week of July 22.

Esther McVey, who has promised as leader she would "embrace" a no-deal Brexit, said: "The result in Peterborough is the shape of things to come if we don't deliver a clean Brexit on October 31".

As it turned out, the insurgent Brexit party, led by right-wing populist Nigel Farage, nearly claimed its first parliamentary seat, gaining 9,801 votes to Labour's 10,484 on a 48 percent turnout.

She spent the day in her constituency west of London.

May will remain as leader until a succesor is chosen, with Boris Johnson the most likely to become PM.

May made her first splash by telling their annual conference to change the Conservatives' image as "the nasty party" if they wanted to unseat then-popular Labour premier Tony Blair.

Earlier this week, the ruling party overhauled its leadership election rules in a bid to speed up the selection process and prevent too many candidates from standing.

Tories in the race for Number 10 were falling over themselves with promises to see through with on the results of the 2016 referendum in light of the party's latest disappointment at the polls.

"In the most challenging of circumstances, she tried time and time again to deliver an orderly Brexit". The other strong contenders are the current foreign minister, Jeremy Hunt, who's running on his businessman credentials and positioning himself as a compromise candidate, and Dominic Raab, a former Brexit minister, who's trying to compete with Johnson as the most muscular and hardline Brexiter.

The former foreign secretary offered his "commiserations" to Tory candidate Paul Bristow and said: "Conservatives must deliver Brexit by October 31 or we risk Brexit Party votes delivering Corbyn to No 10".

Speaking to BBC Radio 4's Today programme on Friday morning, Mr Farage said that despite the party not taking its first seat in the House of Commons, "in terms of significance" he said the result was "absolutely" bigger than what happened in the European Union elections.

May will keep the keys to Downing Street until her successor is elected when she will retire as prime minister and hand over the reins of power.

Candidates from the 313 Conservative MPs will require a proposer, a seconder and six other MPs to support their candidacy to continue to the first ballot. Now the party will hold a similar contest to replace her.

Most economists and businesses say a no-deal Brexit would cause economic turmoil, imposing obstacles overnight between the United Kingdom and the European Union, its biggest trading partner.

Boris Johnson, the frontrunner to replace May, said the rise of the Brexit Party could open the door to a Corbyn government.

Leader Richard Leonard has said he supports the policy and is confident members will back the plan. Parliament has repeatedly voted to rule out leaving without a deal, though it's not clear how lawmakers could stop a prime minister who was determined to do it.

Farage, who has called for Britain to leave the bloc without a deal, said last weekend while campaigning he saw the by-election as "the opportunity for the next chapter in this great story".

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