Conservative Party's May quits, Opposition Labour defeats Brexit Party

British Prime Minister Theresa May will remain in office until a new leader is chosen likely in late July

It comes as the party suffered another blow as a by-election in Peterborough on Thursday saw it placed in third position behind opposition party Labour and the newly formed Brexit Party.

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.

It comes as a new poll, on behalf of pro-EU groups Best for Britain and Hope not Hate, suggested Labour could lose all its Scottish MPs if they fail to back another vote.

Leadership contest frontrunner Johnson warned that the center-right Conservatives "must deliver Brexit by October 31 or we risk Brexit Party votes delivering Corbyn to No 10", referring to leftist Labour leader Jeremy Corbyn getting into Downing Street.

The final two candidates will be put to a postal ballot of about 160,000 Conservative members, with the victor announced the week of July 22.

The by-election generated vast interest as it was a major test for Farage and his rookie Brexit Party.

But Environment Secretary Michael Gove, another frontrunner, is open to another Brexit delay, while Foreign Secretary Jeremy Hunt has said leaving with no deal is "political suicide".

But despite winning, Labour's vote share fell by 17 percent while the Conservatives' vote plummeted by 25%, highlighting the task facing May's successor.

Only then will it be known whether all 11 candidates who have announced their intention to run for the job have handed in nomination papers or not, or whether more names will be added.

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One political commentator said it means the crucial job of picking May's successor will be made by "a group of elderly people around the country", a reference to much of the Conservative Party's membership.

Britain's Parliament has voted not to let the country leave the European Union without a divorce agreement and will do its utmost to prevent a no-deal Brexit. They will then be put to a ballot of an estimated 100,000 party members.

The right-populist politician maintained on the campaign trail ahead of the European Parliament election last month that the Brexit Party will not only seek to ensure that the United Kingdom leaves the EU, but will "change politics for good" and lead a "peaceful revolution" to overturn the establishment political system which he describes as "rotten to the core".

"The electorate has asked for us to come into the negotiating team and we are ready to do so immediately", the letter said.

Theresa May announces her resignation.

The current candidates vying to become Britain's next prime minister have set out to handle the toughest task in British politics - to deliver Brexit.

"Farage and Johnson are competing to be the British version of (Donald) Trump".

Glees believes that the long-standing tradition of politics in Britain being dominated by a two-party system, Conservative and Labour, has changed as a result of the impasse over Brexit.

"She remains prime minister for a good few weeks yet", Mrs May's spokesman insisted, noting that any successor must meet Queen Elizabeth II and assure the monarch they have the support of enough lawmakers to take over. As members, they are allowed to choose the candidates who will stand in local and parliamentary elections, as well as vote in leadership elections.

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