New Delhi, Delhi, India

British Prime Minister Theresa May on Friday announced she will step down as Conservative leader on June 7 after failing to convince MPs to support her Brexit deal.

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"It is and will always remain a matter of deep regret to me that I have not been able to deliver Brexit," May said in a statement outside her Downing Street residence.

May was meeting the head of the governing party committee in charge of leadership elections to agree a timetable to stand down and allow a successor to be chosen, the reports said.

The leader of the party automatically becomes the prime minister.

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MPs have already overwhelmingly rejected her withdrawal agreement, struck with European Union leaders last year, three times.

May's latest proposals, which included giving them the option of holding a referendum on the deal, prompted a furious reaction from Conservatives -- including cabinet members.