Andrea Leadsom News
British Home Secretary Theresa May on Monday was confirmed as the new leader of the Conservative Party with "immediate effect" and set to succeed David Cameroon as Prime Minister of Britain on Wednesday.
Theresa May is the only remaining candidate to be the new leader of Britain`s ruling Conservative Party.
The British government formally rejected a petition signed by more than 4.125 million people calling for a second referendum.
The British Conservative Party elected two women on Thursday as the final candidates to become Britain`s next prime minister replacing David Cameron.
May won 165 votes in a first ballot of Conservative members of parliament and Leadsom, a junior energy minister, won 66, increasingly the likelihood that Britain will get only its second woman prime minister after Margaret Thatcher.
Worries about the economic impact of leaving the European Union hit Britain`s property market and hammered the pound on Tuesday as Conservative members of parliament began voting for a new prime minister.
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