Theresa May became British prime minister on Wednesday after being appointed by Queen Elizabeth shortly after the monarch accepted David Cameron's resignation. Theresa May became British PM on Wednesday after being appointed by Queen Elizabeth. ​The White House on Wednesday congratulated incoming British Prime Minister Theresa May and said it was confident in her ability to steer Britain through negotiations on leaving the European Union. Financial markets, which had been extremely volatile since the referendum, reacted positively to news on Monday that May would become prime minister earlier than expected. "The Channel will not get any wider once we leave the European Union, and that is the relationship we should seek."

Source: dna July 13, 2016 17:00 UTC