May’s Plan In Jeopardy As 2 Cabinet Ministers Resign; Pound Tumbles

Theresa May’s draft Brexit plan isn’t dead yet – but its chances of survival certainly aren’t looking good.

With only 10 days until a hoped-for EU summit, the government of Theresa May lost a key senior official Thursday morning when Brexit Secretary Dominic Raab, the senior cabinet official who would have been responsible for selling the plan to the House of Commons, tendered his resignation, saying he could not in good faith support May’s draft plan.

Raab

In his resignation letter, Raab (the second Brexit secretary to quit May’s government in the past six months) said he couldn’t support the deal for two reasons: Its treatment of Northern Ireland would be a “very real” threat to the integrity of the UK, and the indefinite backstop would effectively grant the EU veto power over when the UK could leave.

Raab’s resignation doesn’t necessarily mean that May is toast – he said in his letter that his respect for the leader “remains undimmed.” But signs that Raab’s departure could trigger a cascade of resignations have already emerged as, roughly an hour after news of Raab’s resignation broke, Esther McVey, May’s secretary of state for work and pensions, also resigned (though her departure from May’s government was somewhat less surprising).

By resigning, McVey and Raab can now vote in Parliament against May’s deal. The question will now turn to whether

via RSS https://ift.tt/2Px6IjN Tyler Durden

Leave a Reply

Your email address will not be published.