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UK's May names new foreign secretary

10 July 2018

Boris Johnson's resignation as foreign secretary highlights that "dirty games" by the United Kingdom play out badly for Theresa May's government, Russian Foreign Ministry spokesperson said. Later, he told the BBC the United Kingdom was giving "too much away, too easily" in negotiations with the EU.

The Pound was quoted 0.35% lower against the Dollar at 1.3262 following the reports of Johnson's resignation, after reversing an earlier 0.58% gain, while the Pound-to-Euro exchange rate swiftly converted a 0.26% gain into a 0.31% loss that left it trading at 1.1272.

However the Daily Mail reported Mr Rees-Mogg said Mr Johnson would make a "brilliant" prime minister. They quit amid divisions in the government over Brexit. "The trouble is that I have practiced the words over the weekend and find that they stick in the throat". He also warned that Britain was "headed for the status of a colony" within the bloc. In her statement to members of Parliament, May acknowledged the splits in her government and the departures of her ministers.

Under Conservative Party rules, a confidence vote in a leader can be triggered if 48 Conservative lawmakers write a letter requesting one.

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"My concern is about the policy rather than the individual", he said.

Addressing parliament today, the Prime Minister told MPs: "We do not agree about the best way of delivering our shared commitment to honouring the result of the referendum".

May says the plan will deliver frictionless trade with Europe and avoid a hard border between the U.K.'s Northern Ireland region and European Union member Ireland.

But so far she has stood firm in her resolve to hold on to her leadership and insists that she is confident of seeing through her proposals for a smooth exit from the EU.

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Only three days ago, May appeared to have agreed on a deal with her fractured Cabinet on the UK's post-Brexit relationship with the EU.

Government unity began to fray within hours. The agreement involved too close a relationship with the European Union, he said, and gave only an illusion of control being returned to the United Kingdom after it left the bloc.

A change of leadership could also make another United Kingdom general election, that risks installing a Marxist Labour Party government in office, all but inevitable. "For us that's rising odds of a general election and a delay in Brexit talks".

But May's allies fear more resignations may follow.

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This means a decision could well be delayed in light of the turmoil within the Conservative government.

UK's May names new foreign secretary