A phrase I've just heard is on June 7th "she'll announce she is going to stand down as leader - once a suitable replacement has been found"spreadbetting wrote: ↑Sat May 25, 2019 4:20 pmI know what you're saying but there's no way I can see her being PM and not the leader of the conservatives it would be a ridiculous situation. Again I'd treat her statement as an intent to resign and only be replaced when a new leader is appointed. If you look at previous leaders of the Conservative party their leaving date always coincides with the start date of the new leader. I doubt this situation will be any different.sionascaig wrote: ↑Sat May 25, 2019 1:37 pmThe point is the market explicitly states its about leadership of the conservative party (which hasn't got anything to do with being PM ), but take your point about working out notice... I was assuming once she resigns as leader, the conservative executive takes over control of the party till new leader appointed but not a lot of information available on the detail of this...spreadbetting wrote: ↑Sat May 25, 2019 1:18 pmWhen people usually resign they're expected to work out their notice until a replacement is found. I wouldn't treat her announcement of intention to resign in June as being the same as the end of her premiership. Until she's kicked out or replaced she'll still be PM as far as I'd assume.
Edit: Just had a look at the wiki page and there was a vacant period when John Major quit in 1995 so the party leadership was vacant for a month. Be interesting to see how that market gets settled if there is a gap between 7 June and a new leader, you can be pretty sure they're be lots of moaning either way
Which is saying she's officially announcing on that date she will leave but only once a new PM has been elected to take her place
