Boris Johnson confirms he wants to replace Theresa May

Theresa May and Boris Johnson
Theresa May and Boris Johnson. Photo credit: Getty

Boris Johnson, Britain's former Foreign Minister and a prominent campaigner to leave the European Union, has reportedly said he will stand as a candidate to replace Prime Minister Theresa May as Conservative leader.

May has said she will step down before the next phase of Brexit negotiations, although she has not yet put a date on her departure.

"Of course I'm going to go for it," Johnson told the British Insurance Brokers' Association, according to the BBC.

"I don't think that is any particular secret to anybody. But you know there is no vacancy at present."

Johnson resigned from the cabinet in July in protest at May's handling of Brexit.

The face of the 2016 Brexit campaign, Johnson set out his pitch to the membership in a speech at the party's annual conference in October. Some members queued for hours to get a seat.

He called on the party to return to its traditional values of low tax, strong policing and not to follow the policies of the left-wing Labour Party.

Betting odds indicate he is the leading candidate to replace May and has a 28 percent chance of being the next Prime Minister.

Labour has indicated it'll likely vote against the next Brexit Bill.

"I want to make it clear that Labour opposes the idea of passing the Withdrawal Agreement Bill without an agreed deal ... and Labour will vote against a second reading on that basis," Brexit spokesman Keir Starmer said.

Even Conservative MPs appear to be giving up.

"I have talked to colleagues, some of whom voted for it last time, and they think it is dead and they will vote against it this time," Peter Bone told Talk Radio on Wednesday.

"It seems absurd to bring it back. It is the same thing again, again and again."

Reuters / Newshub.