LONDON, May 24 (WNM staff) - Theresa May will step down as leader of the Conservative Party on June 7. She announced her departure after talks with Graham Brady, the chairman of the backbench 1922 committee of Tory MPs, on Friday morning.

As the Guardian writes, the former foreign secretary Boris Johnson is the front-runner to be Britain’s next prime minister; but more than a dozen senior Tory figures are considering throwing their hats into the ring.

In the cabinet, Rory Stewart has already said he will stand, while Jeremy Hunt, Michael Gove, Penny Mordaunt and Sajid Javid are all likely contenders.