What is the latest on Brexit and Theresa May’s government?

What is the latest on Brexit and Theresa May's government?

With the Cabinet up in arms and several resignations, what is the latest on the Brexit deal and the government's status?

Following up from yesterday’s announcement that Theresa May had the draft of a negotiated Brexit deal ready to share, turmoil has broken out in central government.

Following the reveal of her Brexit plan on Wednesday 14 November, May has faced a chaotic day in government with MPs resigning all over the place in disagreement with her terms.

The plan set out, among other elements, an avoidance of a ‘hard border’ with the Republic which would be achieved by keeping the whole UK aligned with the EU customs union for some time.

Despite a number of ministers resigning from the Cabinet, May has vowed to continue on her path and fight anyone trying to push her out.

A total of 48 letters of no confidence, that’s 15 percent of conservative party MPs, would need to be submitted to enable a vote for a new party leader.

Currently four ministers have resigned over May’s Brexit plans, including Brexit secretary Dominic Raab and work and pensions secretary Esther McVey. Michael Gove has been offered the role of Brexit secretary but has said he will only take the job if he can renegotiated the Prime Minister’s Brexit deal.

The i Paper reported some of the MPs that wrote letters of no confidence to the chair of the Tory 1922 committee, Sir Graham Brady, and the number amounted to 14 including Jacob Rees-Mogg and Simon Clarke.

It has also been revealed by The Telegraph that the conservatives’ deal with the DUP, which May relies on for her majority, will end unless a new party leader is found.

In a press conference on Thursday when May was asked if she would fight against a no confidence vote, she replied: “Am I going to see this through? Yes.”

We will be following central government developments as they happen so keep your eyes on Accountancy Age for the latest relevant updates.

Sign up to receive Accountancy Age’s new podcast, AAnswers, straight to your inbox tomorrow where we will be discussing the latest on Brexit and the Budget.

Share

Subscribe to get your daily business insights

Resources & Whitepapers

The importance of UX in accounts payable: Often overlooked, always essential
AP

The importance of UX in accounts payable: Often overlooked, always essentia...

1m Kloo

The importance of UX in accounts payable: Often ov...

Embracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...

View article
The power of customisation in accounting systems
Accounting Software

The power of customisation in accounting systems

2m Kloo

The power of customisation in accounting systems

Organisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...

View article
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
8 Key metrics to measure to optimise accounts payable efficiency
AP

8 Key metrics to measure to optimise accounts payable efficiency

2m Kloo

8 Key metrics to measure to optimise accounts paya...

Discover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...

View article