Theresa May is poised to become UK’s new Prime Minister

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Some important and fast-paced political developments have happened today, giving Brits an insight into what they can expect on the political front in the near future.

First of all, David Cameron has announced he will resign on Wednesday after Prime Minister’s Questions. Secondly, Andrea Leadsom decided to pull out of the Conservative leadership contest, leaving Theresa May the only contender in the race, as third-placed Michael Gove said he would not contest her.

This means Theresa May, the current Home Secretary, is set to become the United Kingdom’s new Prime Minister on Wednesday afternoon, when Cameron will hand her the keys to 10 Downing Street.

In a short speech she gave outside the Houses of Parliament after accepting her position as Prime Minister elect, the 59-year-old MP said, “I am honoured and humbled to have been chosen by the con party to become its leader.”

May’s sudden victory basically brings to an end the political drama triggered by Brexit, the nation’s vote to leave the European Union.

For those out of the loop, Theresa May is a member of the Conservative Party and has been the Home Secretary since 2010. She has played a prominent role in British politics until now and will be the second woman in history to lead Britain, after Margaret Thatcher, who was the country’s prime minister from 1979 until 1990.

Her job won’t be an easy one, as she takes over the reins in a time of dramatic change, when the nation has to begin the withdrawal process from the UE and its economy and businesses suffer the effects of the Brexit vote.