UK’s May halts revolt over Brexit trade bill

Theresa May

He said Britain had become mired in a fog of self-doubt and that there had been a stealthy retreat over the last 18 months from what he called the "bright certainties" of May's earlier vision of Brexit.

The former mayor of London listed a series of compromises he said had been made since Lancaster House, including the £40bn payment agreed as part of the withdrawal agreement, the continued oversight of the European court of justice over some issues, and the "common rulebook" for key industries.

Theresa May was blasted by one of her own MP's during a highly charged session of Prime Minister's Questions.

However, the Chequers plan announced earlier this month sparked fury among Brexiteers as it would have locked the United Kingdom into a "single standards model" and a "common rulebook" for goods, effectively preventing Britain from adopting competing national standards.

But this is set to change because of Brexit, and the agency is moving to a new headquarters in Amsterdam following a pan-European competition and voting process late previous year. He criticised the government for handing an advantage to the European Union by agreeing in the talks to a divorce bill before agreeing a future relationship.

"Chequers would not be my preferred option. but I'm also clear that Conservative Party civil war is not where we need to be at this time - the threat of a Corbyn government, or no Brexit at all, has to be borne in mind".

"With eight months until we exit the European Union in March 2019, it is important we all - regulators and industry - continue to plan for a range of scenarios", said Nausicaa Delfas, head of global strategy at the Financial Conduct Authority.

Mrs May was making her first visit to the Irish border since the referendum, amid growing signs of unrest on the Conservative backbenches over her Chequers plans for post-Brexit relations with the EU.

"I'm happy now to be able to speak out", he said.

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"We dithered and burned through our negotiating capital", he said.

"Failure to keep our promise to the electorate will nearly certainly lead to the catastrophe of Jeremy Corbyn becoming Prime Minister and I can not sit back and allow that to happen".

"That is the prize that is still attainable.

There is time. And, if the Prime Minister can fix that vision once again before us, then I believe she can deliver a great Brexit for Britain with a positive, self-confident approach that will unite this party, unite this House and unite this country as well". Johnson's brother Jo Johnson, the transport minister, was on the frontbench.

Pro-EU lawmakers - from both May's Conservatives and the opposition Labour Party - had tried to force through a measure to have Britain to join a European customs union should there be no trade agreement with Brussels by January.

Resignation statements have previously been used by former ministers to inflict a departing blow on prime ministers with whom they have clashed.

She received at least a measure of support from the 1922 Committee, including the announcement by one lawmaker that he had withdrawn a letter calling for a confidence vote that could threaten May's position as party leader.

Sir Geoffrey Howe's 1990 speech after resigning as deputy prime minister over differences with Margaret Thatcher on Europe was widely regarded as setting in train the process which led to her departure nine days later.


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