Finance

Brexit: May defeats rebel Customs Union amendment

Brexit: May defeats rebel Customs Union amendment

Former Foreign Secretary Boris Johnson read out a personal statement in Commons earlier in which he took a veiled swipe at Russian Federation, outlined his opposition to Theresa May's Brexit plan, and said "it's not too late to save Brexit".

6pm 1922 Committee - This influential group of Tory backbench MPs can be vocal and hard for their leaders.

Conservative whips, who enforce discipline in the party, threatened to call a confidence vote that could bring down the government before a crucial vote on Tuesday on customs, one lawmaker told Reuters.

In a letter to his constituents in Shipley, seen by The Yorkshire Post, Mr Davies said Mrs May's Chequers plan for Brexit was "unacceptable".

Time is of the essence as resigning foreign secretary Boris Johnson, believes the United Kingdom can still negotiate a "great" Brexit deal.

"We have time in these negotiations, we have changed tack once and we can change again", he said.

"I understand she's also criticised me for looking for a solution that is workable, I have to say I disagree with her on that - I think what we need is a solution that is going to work for the United Kingdom to ensure we leave the European Union and embrace that bright future".

"We can't rely on anything", said Warren East, CEO of United Kingdom engine maker Rolls Royce, who said that his firm could start stockpiling parts soon if it looked like Britain was heading towards a disorderly exit from the EU.

The UK is due to leave the European Union on 29 March 2019 but has yet to agree how its final relationship with the bloc will work.

When Johnson announced his intent to speak, some commentators wondered if his address might be something akin to the 1990 resignation speech by Geoffrey Howe that preceded the downfall of Margaret Thatcher as prime minister.

With May's support faltering, members of her own party, including Davis, felt emboldened to ask critical questions about her way forward.

"We must try now because we will not get another chance to do it right".

Johnson, who led the main Brexit campaign in the 2016 referendum, resigned over May's strategy, triggering the government's biggest crisis since she lost her parliamentary majority after calling a snap election previous year.

Mr Clarke said he had withdrawn a letter calling for a confidence vote in Mrs May because Brexit had taken the Tory party to "breaking point", stating: "We have looked into the abyss in the last few days".

The dispute has exposed the deep divisions in May's party and could yet lead to significant challenges to her authority.

'If 48 such letters are sent a vote of no confidence in the Prime Minister amongst Conservative MPs will take place.

Sterling rebounded from the day's lows against the dollar after the government sidestepped defeat on the amendment.

Mrs May batted away the charge, telling MPs she was focused on getting a "workable" Brexit solution.