Theresa May says she'll step down after "a smooth and orderly" Brexit

U.K. Prime Minister Theresa May told Conservative Party MPs on Wednesday that she is "prepared to leave this job earlier than [she] intended ... to deliver on the decision of the British people and leave the EU with a smooth and orderly exit," per The Times' Sam Coates.

Why it matters: This is May's gambit to finally get her Brexit deal, which has already faced two historic defeats in the House of Commons, over the line. But it has no set time as she reportedly told her MPs she would step down once the U.K. formally achieves Brexit. The EU has granted the U.K. a short extension from March 29 until April 12 to exit the bloc, which could be extended until May 22 if May's deal passes. However, the Commons voted this week to take control of the Brexit process from the government and will vote later Wednesday to gauge support for a range of alternative next steps.

Go deeper: Everything you need to know about Brexit