British Cabinet Backs PM May’s BREXIT Plan

British Cabinet Backs PM May’s BREXIT Plan

British Cabinet Backs PM May’s BREXIT Plan

British Prime Minister Theresa May said on Wednesday that cabinet had backed her BREXIT plan, adding it was in the national interest but that there would be difficult days ahead.

“The collective decision of cabinet was that the government should agree the draft withdrawal agreement and the outline political declaration,” Ms. May said outside her Downing Street residence after a 5-hour cabinet meeting.

Criticism of the draft agreement has focused on ways to prevent a hard border in Northern Ireland.

Some Conservative Brexiteers are angry, claiming it could mean the UK is tied to EU rules for years to come.

A senior Conservative said later there could be a move to a vote of no-confidence in Ms May, perhaps as soon as Thursday, although this has not been confirmed.

Sources said many Brexiteer MPs were likely to submit letters to the backbench 1922 Committee calling for her to go.

Meanwhile Northern Ireland’s Democratic Unionist Party, which supports Mrs May’s government in Key votes warned of “consequences” if there is a deal that “breaks up the United Kingdom”.

If the cabinet signs it off, the EU Commission is expected later to publish the details of the 500-page draft withdrawal agreement as well as the much shorter declaration on future economic and security relations.

Ambassadors from the remaining 27 EU member states will discuss the possibility of organising an emergency summit later this month to sign off on it.

Irish prime minister Leo Varadkar has signalled the summit could take place on 25 November.

If this happens, the government will then face a battle to win Parliament’s backing, in a vote could take place around 7 December.

Stay tuned…

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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