With Theresa May the last (wo)man standing, it should not be totally surprising that David Cameron has just confirmed he will officially resign as British prime minister on Wednesday after Prime Minister's Questions. Early strength in sterling is holding.

As AP reports,

David Cameron says he will resign by Wednesday, Theresa May to be next British Prime Minister.

She will be tasked with either triggering the Article 50 process for the UK's departure from the EU, or trying to undo the entire process.

 

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