British PM May expected to announce on Friday that she will quit - The Times

LONDON, May 23 (Reuters) - British Prime Minister Theresa May is expected on Friday to announce her departure from office, The Times reported, without citing a source.

May will remain as prime minister while her successor is elected in a two-stage process under which two final candidates face a ballot of 125,000 Conservative Party members, the newspaper said. (Reporting by Guy Faulconbridge)