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David Davis steps down as Brexit secretary in blow to PM – live updates | David Davis steps down as Brexit secretary in blow to PM – live updates |
(35 minutes later) | |
The pound lost earlier gains after news of Davis’s resignation emerged and was effectively flat at $1.330. Sterling had climbed to $1.3328 earlier in the session, its highest since June 14. | |
Yukio Ishizuki, senior currency strategist at Daiwa Securities in Tokyo, said: “If negotiations with the European Union do not progress, there is the possibility of a hard Brexit, so I think it would become a reason to sell. | |
“On the other hand, there is also the possibility negotiations will progress after the minister is changed ... and the pound could be rapidly bought back.” | |
David Davis, the UK’s Brexit secretary, has resigned from the cabinet following Friday’s summit at Chequers. | |
In his resignation letter he blamed the “dilution” of what he said was a firm Chequers agreement, delays to the White Paper, and omissions from the “backstop” customs proposal that would leave the UK in a “weak negotiating position” at best. He says his role requires an “enthusiastic believer” in May’s approach rather than a “reluctant conscript”. | |
He was followed by deputy, Steve Baker, and another Brexit minister Suella Braverman. | |
Theresa May responded with a letter voicing her sorrow that he is leaving just eight months before the UK’s official withdrawal from the EU. She said she disagreed with his characterisation of what was agreed at Chequers on Friday, saying powers would be returned to the UK from Brussels and that MPs would get to vote on areas where the idea of a “common rulebook” with the EU would be applied. | |
Vocal pro-Brexit MPs welcomed Davis’s move, with Andrea Jenkyns saying the next move was to make this a “game changer for Brexit” and calling for Boris Johnson to act. Nigel Farage has joined in the praise, calling May “duplicitous”. | |
Jacob Rees-Mogg, leader of the pro-Brexit European Research Group faction, said the prime minister “would be well advised to reconsider” the Brexit vision she believed she had secured at Friday’s Cabinet summit at Chequers. | |
Jeremy Corbyn said the resignation showed the prime minister had no authority left and was incapable of delivering Brexit. | |
So with murmurings of no-confidence votes, what is the process in the event of a leadership contest? | |
First, 15% of Conservative MPs must write to Sir Graham Brady, the chairman of the 1922 committee. In this parliament that means 48 MPs. He must then call a vote of no confidence. I should say at this point that last night many of May’s supporters in the parliamentary party believe she could win any such vote. | |
And here comes the Guardian front page, which also takes in the extraordinary events in Thailand and Salisbury. | And here comes the Guardian front page, which also takes in the extraordinary events in Thailand and Salisbury. |
The Times puts it front and centre, with three pages inside too. | The Times puts it front and centre, with three pages inside too. |
Telegraph says what everyone is wondering. | Telegraph says what everyone is wondering. |
Mirror puts it on page two, not even a treasured right-hand page. | Mirror puts it on page two, not even a treasured right-hand page. |
Sun gives it maybe a five out of 10. | Sun gives it maybe a five out of 10. |
Here are the UK front pages we have gathered so far. Guardian, Daily Mail, Daily Mirror, Daily Telegraph, and the Sun. | Here are the UK front pages we have gathered so far. Guardian, Daily Mail, Daily Mirror, Daily Telegraph, and the Sun. |
The shadow foreign secretary builds on the growing theme of a government in chaos. | The shadow foreign secretary builds on the growing theme of a government in chaos. |
Government resignations since autumn:1 November 2017 - Fallon8 November 2017 - Patel20 December 2017 - Green29 April 2018 - Rudd 8 January 2018 - Greening8 July 2018 - DavisThere have been six resignations in 249 days. That’s one every six weeks | Government resignations since autumn:1 November 2017 - Fallon8 November 2017 - Patel20 December 2017 - Green29 April 2018 - Rudd 8 January 2018 - Greening8 July 2018 - DavisThere have been six resignations in 249 days. That’s one every six weeks |
Laurence Robertson said Davis had taken “the only genuine option available to him”, adding that “rather than just appoint someone else to replace him, the PM needs to recognise that his resignation represents the views of many Conservative MPs, activists and voters.” | Laurence Robertson said Davis had taken “the only genuine option available to him”, adding that “rather than just appoint someone else to replace him, the PM needs to recognise that his resignation represents the views of many Conservative MPs, activists and voters.” |