Published: Fri, November 16, 2018
Money | By Ralph Mccoy

Theresa May statement after Cabinet meeting

Theresa May statement after Cabinet meeting

Two British Cabinet ministers, including Brexit Secretary Dominic Raab, resigned Thursday in opposition to the divorce deal struck by Prime Minister Theresa May with the European Union - a major blow to her authority and her ability to get the deal through Parliament. She said in a letter that it is "no good trying to pretend to (voters) that this deal honors the result of the referendum when it is obvious to everyone that it doesn't".

Saying her deal is "in national interest" and calls on country to "unite behind" the deal. "I believe this is a deal which does deliver that, which is in the national interest and am I going to see this through".

Defiant, dutiful and determined, Theresa May stood before reporters and declared: "Leadership is about taking the right decisions not the easy ones".

The British pound extended its declines in Thursday trading, down 1.5%, after a key cabinet member joined Brexit secretary Dominic Raab in resigning in protest of Theresa May's plan to leave the EU.

"I can not reconcile the terms of the proposed deal with the promises we made".

Meanwhile, Germany is "very relieved" to hear of the Brexit deal, said German Foreign Minister Heiko Maas in a statement.

"I can not in good conscience support the terms proposed for our deal with the EU", Dominic Raab said on Thursday morning indicating that there is an ongoing dispute within the UK Cabinet about the Brexit deal.

This morning Brexit secretary Dominic Raab quit the cabinet over the deal, and was followed by work and pensions secretary Esther McVey, and a number of other junior ministers. He said Parliament "cannot and will not accept a false choice between this deal and no deal".

Former Brexit Secretary David Davis, who resigned over the Prime Minister's Chequers proposals, was asked by a Sky News host whether he would take the reigns and lead Brexit if he was asked to.

Under Conservative rules, a confidence vote in the leader is triggered if 15 per cent of Conservative lawmakers - now 48 - write a letter to the party's 1922 Committee of backbenchers, which oversees leadership votes. He handed in a letter to the party's parliamentary committee in the House of Commons.

A challenge is triggered if 48 Conservatives write such letters.

"That is exactly what this agreement will deliver".

Homeless man, couple accused of conspiring in $400Gs GoFundMe scam
WTXF reports the Burlington County Prosecutor will announce more information at a press conference at 2 p.m. on Thursday. Attorneys for Bobbitt tell FOX 29 they were informed by the defense team after the ruling that the money was gone.

LeBron James passes Wilt Chamberlain on NBA's career scoring list
Chandler has averaged three points and 8.3 rebounds in three games and made a major impact on the defensive end for the Lakers . It is a rematch of the Western Conference finals from last season and both teams come in with odd situations.

'Too much Elton John': John Lewis ad receives mixed response
However, Elton is said to have asked for a portion of his undisclosed fee to be donated to the Elton John Charitable Trust. Earlier this year, reports speculated that John Lewis had paid Elton John £5m to feature in the Christmas ad.

Failure to find support for the Brexit deal risks Sterling falling to 1.2100, the low from March 2017 when the correction from post-Brexit slump started. That could see tariffs on British exports, border che- cks and restrictions on travelers and workers - a toxic mix for businesses.

Corbyn has said Labour will vote against any deal that does not meet its tests, which include delivering the same benefits Britain now has as a member of the EU customs union and single market.

"There's no way to know if an accord will finally be agreed", he said.

"I do not pretend that this has been a comfortable process or that either we or the European Union are entirely happy", she said.

As the agreement set off reverberations in Westminster and the markets, European Council president Donald Tusk scheduled a meeting on November 25 to "finalise and formalise" the pact.

May did not receive unanimous support from her Cabinet for a deal, which was not put to a vote among Cabinet members.

It also needs approval from Britain's Parliament before the United Kingdom leaves the bloc on March 29 - and even if May survives as leader, the chances of that look slim.

Northern Ireland will remain within parts of the European Union single market.

He had hoped a definitive vote would end years of Tory feuding over Europe which had dogged previous party leaders including John Major and Margaret Thatcher.

"Voting against a deal would take us all back to square one", she warned MPs who will have to vote on the deal in coming weeks.

At the heart of Raab's criticism of May's deal was the belief that the pursuit of a customs union with the EU would be the "starting point" for talks on the future relationship with the bloc, "severely prejudicing" what Britain could achieve. Speaking on condition of anonymity because the process is still ongoing, the official said both sides "exhausted our margin of manoeuvr under our respective mandates".

He said: "I don't have a blue uniform or a peaked cap". This outline remains open for further negotiation ahead of any summit and a final deal will depend on it being acceptable to the United Kingdom in its full form.

Like this: