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May’s legacy will be ‘Theresa who?’ City reacts to PM quitting

Theresa May will stand down on June 7 after failing to lead parliament to a deal on exiting the European Union

Prime minister Theresa May makes a statement outside 10 Downing Street
Prime minister Theresa May makes a statement outside 10 Downing Street Photo: Leon Neal/Getty Images

Theresa May will stand down as UK prime minister on June 7 after failing to lead parliament to a deal on exiting the European Union.

May has been under mounting pressure in recent weeks to stand down or be forced out amid a backlash from within her own Conservative party of her handling of Brexit.

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