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British Prime Minister Theresa May said that if Parliament rejected her deal, 'all we have before us is division and deadlock.'Dan Kitwood/Getty Images

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.

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