Wednesday, 19 September, 2018

UK Foreign Minister QUITS, Theresa May Facing REVOLT — BREXIT BREAKDOWN

MPs prepare to move against May GETTYMPs prepare to move against Theresa May after Cabinet Brexit plan published
Melinda Barton | 10 July, 2018, 19:27

Despite two Cabinet ministers resigning within the space of 24 hours - the first time this happened for over 35 years - Prime Minister Theresa May is still in office.

Mrs May had hoped that the Cabinet agreement secured on Friday at Chequers would help her deliver the "right Brexit" for the UK, with an offer to Brussels to share a "common rulebook" on goods and form a new UK-EU free trade area. Sky Sources confirmed that Johnson repeatedly used the phrase at the away day at Chequers, the prime minister's country retreat.

It comes after the Prime Minister's leadership was delivered a series of blows following the resignations of both the former Brexit Secretary David Davis and former Foreign Secretary Boris Johnson over her Brexit plans.

To me, it looks like the buyers are buying the Brexit dips in anticipation of a rate hike and better economic news.

The majority of MPs are in favour of preserving frictionless trade across the UK-EU border and the open border on the island of Ireland.

Britain and the European Union hope to reach broad agreement by October so the national parliaments of the remaining countries can ratify a deal before Britain leaves. A third member of the government, Steve Baker, a junior minister in Davis' Department for Exiting the European Union, also resigned.

European Council President Donald Tusk said Monday that "the mess caused by Brexit is the biggest problem in the history of EU-UK relations and it is still very far from being resolved".

But Mrs May has insisted that her proposals are the only way of protecting the economy and preventing a hard Irish border, while at the same time scrapping free movement and allowing the United Kingdom to strike new trade deals.

Some 64% of Britons do not trust her to run Brexit negotiations - up 31 percentage points from when we last asked the question in March 2017. "I won't be encouraging people to do that, I think it's the wrong thing to do".

"I doubt the prime minister will survive long", a member of the Conservative Party's pro-Brexit wing told Business Insider yesterday. "Others don't have that same responsibility".

However, at a meeting with her Conservative Party lawmakers, she was cheered and applauded by many as she warned them that internal squabbling could pave the way for socialist opposition leader Jeremy Corbyn to take power instead.

"Friday's announcement was turning red lines into a white flag, and David Davis has made that so clear in his resignation letter", Rees-Mogg said.