DHAKA: Theresa May promised to build a “better Britain” and to make the Brexit a “success” after she was announced as the new Tory leader and soon-to-be PM.

Speaking outside Parliament, May said she was “honoured and humbled” to succeed David Cameron, after her only rival in the race withdrew on Monday.

David Cameron will tender his resignation to the Queen after PMQs on Wednesday, reports the BBC.

Cameron, who has been UK prime minister since 2010, decided to quit after the UK's Brexit vote.

It follows another day of dramatic developments in the political world, when Andrea Leadsom unexpectedly quit the two-way Conservative leadership contest, saying she did not have the support to build “a strong and stable government”.

Her decision left front runner May as the only candidate to take over leading the party and to therefore become prime minister.

BDST: 1042 HRS, JUL 12, 2016
SR