Boris Johnson accuses PM May of 'dithering' on Brexit in resignation speech

Boris Johnson accuses PM May of 'dithering' on Brexit in resignation speech

International Trade Secretary Liam Fox warned that countries with close business links to the United Kingdom - such as Ireland - would suffer a hit of up to 8% of GDP from a failure to reach a Brexit agreement.

He signalled that "the problem is not that we've failed to make a free trade agreement, the problem is that we haven't tried".

The IMF says that disruption to complicated supply chains, the increase in import tariffs and what are called "non-tariff barriers" - for example, different regulatory standards - would have a negative impact on economies across Europe.

"While we acknowledge the importance of contingency planning, the government must not lose sight of the most important objective - to secure a negotiated outcome from Brexit talks, including a transition period that gives businesses time to adjust to the new landscape", WSTA chief executive Miles Beale, said.

The department for worldwide trade said that Britain was always seeking to be part of the medicines framework.

But he warned in the 18 months since that speech, a "fog of self-doubt" has fallen over Britain's stance.

The UK outlined plans for a Ukraine-style association agreement with the European Union on Thursday (12 July) as it published its long-awaited White Paper on relations with the European Union after Brexit.

May narrowly avoided a defeat in parliament at the hands of the pro-EU lawmakers from her own party in Tuesday's vote, helped by four opposition Labour lawmakers who went against their party to support the government.

British Prime Minister Theresa May meets representatives during a visit to the Airbus area at the Farnborough Airshow in Farnborough England Monday
British Prime Minister Theresa May meets representatives during a visit to the Airbus area at the Farnborough Airshow in Farnborough England Monday

The close shave was May's third this week as she presents legislation on one of the most important and divisive decisions in modern British history with only a minority government, and a Conservative party at war with itself.

Within three days of that party retreat, Johnson and the minister responsible for Brexit negotiations with the EU, David Davis, resigned from their cabinet posts.

"It is with much sadness that I have to say that I have also lost trust in her to deliver the referendum result too". That is the deadline when a transition period is due to end after Britain and the European Union agreed to continue working together after Britain formerly leaves next March.

Anna Soubry, a former cabinet minister who supports close ties with the European Union, told the BBC: "I don't think that she's in charge anymore".

Mrs May will also try to rally her deeply divided Parliamentary party as she addresses a meeting of the 1922 Committee of backbenchers in the evening.

"It must be very hard for the prime minister to take rather threatening lectures day after day about what they will accept, when they are actually a minority", he said.

"I can't remember anything quite like this". He added: 'All it shows is that, while the vehicle is careering towards the Brexit cliff-edge, senior Conservatives are fighting over what song to play on the stereo.' The prime minister wasn't even in the Commons to hear the address because she was answering questions about Brexit to a committee of MPs.

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