Cabinet sources have speculated that Mrs May could announce her departure in a “podium moment” outside Downing Street on Monday, following what is expected to be a disastrous set of European election results for the Tories.
One Cabinet minister said it would be “better if she goes now”, while another Cabinet source said simply: “It’s over.”
Mrs May faces three separate attempts at a coup before the day is out.
A succession of Cabinet ministers is expected to visit the Prime Minister this afternoon to ask her to reconsider putting her “new Brexit deal” to a vote - tantamount to calling on her to quit.
A delegation of junior ministers has reportedly told the Chief Whip, Julian Smith, they will resign en masse if Mrs May goes ahead with the vote.
Loyalists are now said to be urging Mrs May to resign now with dignity, rather than suffering the humiliation of being forced out.
It means Mrs May is facing an even bigger defeat than she suffered when she put her Brexit deal to a third “meaningful vote” in March, and several Cabinet ministers are prepared to tell Mrs May it is pointless to go ahead with the vote.
David Mundell, the Scottish Secretary, will see Mrs May this afternoon to express grave reservations about her promise to give MPs a vote on whether to hold a second referendum, as he believes a second referendum could lead to the break-up of the Union.
Other ministers are expected to follow, after a meeting earlier today of the “Pizza Club” of Brexiteer ministers including Andrea Leadsom, Michael Gove and Liam Fox, all of whom were absent from the front bench during Prime Minister’s Questions today.
They are expected to urge Mrs May not to put the Withdrawal Agreement Bill to a vote next month, which is tantamount to demanding her resignation as there would then be no point in Mrs May carrying on.
Leadership contenders were being urged by their supporters to resign now to wash their hands of Mrs May’s deal, rather than waiting and being dragged down with the Prime Minister.
Some Tory MPs believe that if Mrs May can survive until the end of this week she will buy herself another fortnight, as Parliament will be in recess next week, making it more difficult to organise a coup against her.
However, with President Donald Trump paying a State visit that week, Mrs May would face humiliation if she was forced to resign in the middle of such a prestigious event.
Source: The Telegraph