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Leading Brexit campaigner Boris Johnson on Thursday ruled himself out of the race to succeed Prime Minister David Cameron in a bombshell announcement just a week after Britain voted to leave the EU. The decision by the former London mayor upended the Conservative Party's leadership contest and added to the deep uncertainty over how and when Britain will split from the bloc. The maverick Johnson had been tipped as a favourite to succeed Cameron, who resigned after the vote saying he would leave it to his successor to begin formal talks with the EU on Britain's departure -- despite European leaders insisting on a quick divorce.
By Kylie MacLellan and Elizabeth Piper LONDON (Reuters) - Former London mayor Boris Johnson abruptly pulled out of the race to become Britain's prime minister that he was once favoured to win, upending the contest less than a week after he led a campaign to take the country out of the EU. Johnson's announcement, to audible gasps from a roomful of journalists and supporters on Thursday, was the biggest political surprise since Prime Minister David Cameron quit after losing last week's referendum on British membership of the bloc. It makes Home Secretary Theresa May, a party stalwart who backed remaining in the European Union, the new favourite to succeed Cameron.
Personal effects owned by Ronald and Nancy Reagan, including gifts from Frank Sinatra and Margaret Thatcher, are to go on display in London on Friday before being offered for auction. When his widow Nancy died in March, Hollywood stars and political powerbrokers attended her funeral in California. Christie's is auctioning items from the couple's personal collection in New York on September 21-22, including jewelry, art, books and furnishings from their Los Angeles home and their time at the White House.