UK's new Brexit strategy won't inhibit trade deals - minister

Jack Taylor  Getty Images David Davis

But much of this carnage in the market was unwarranted as the Prime Minister's grip on power is stronger than many have given her credit for.

Her plans, which also argue for Britain to set its own trade tariffs and open up services markets, are an attempt to meet the demands of businesses, pro-EU voters, Brexit supporters and the European Union, which has warned repeatedly that time is running out.

"We need to see whether the taskforce can accommodate some of the British thinking", he said.

Jeremy Hunt, appointed foreign secretary as May carried out a hurried reshuffle of her top team, vowed that he would be "four square" behind her in driving through her Brexit plan.

Mr Rees-Mogg, who chairs the European Research Group of Eurosceptic Tories, said of the amendments: "Unfortunately Chequers was a breakdown in trust". Culture secretary Matt Hancock has replaces Hunt as health secretary.

"This would set the stage for a new Prime Minister to take over in time for the party's annual autumn policy conference", Rossiter adds. "And we're going to be aligned to these rules in perpetuity".

"But the resignation of Brexit Secretary David Davis, and some opportunist goal hanging by Boris Johnson, has cut exporters" celebrations short.

He said the British position is now "a basis for a real negotiation now and what we haven't had for many months is a clear negotiating position".

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Davis' resignation undermined May's already fragile government, which has lost several ministers in 2017 over sexual misconduct allegations and other scandals.

"What the prime minister is proposing is a way in which we can ensure we don't have ... friction with our trade with the European Union ... and here is a practical way in which we can do that", Gauke said. Steve Baker also resigned as a junior Brexit minister.

Nigel farage has threatened to return as the leader of the UKIP unless Brexit is "put back on track" and he also accused May of betraying the people. "The latest Brexit betrayal must be reversed", he was quoted as saying by The Independent.

Danger lies with each step ahead: if Remain-leaning Labour MPs and the Conservative cabinet manage to shift right up to a real soft Brexit, the howls of outrage will resonate for years to come, and possibly lead to a resurgence of the populist right in the United Kingdom - and all for a deal most Remain voters would hate.

Asked whether May was in trouble following the rash of departures from her government on Monday, he replied: "No".

"We deliver that Brexit and we do it in a way that protects jobs and livelihoods and meets our commitment to Northern Ireland", she said.

The resignations triggered renewed fears of a leadership challenge, or possible collapse of the government, and a sharp sell-off in Pound Sterling exchange rates.

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