Former Conservative cabinet minister: Theresa May must go

Former Conservative cabinet minister: Theresa May must go”

Following speculation in Tory ranks about her future, May will insist her commitment is "undimmed" nearly 12 months after entering Number 10 as Prime Minister.

One MP who was at the dinner said: "Mr Mitchell effectively said [May] was dead in the water".

"The Scottish Government already put forward a range of proposals last December which the United Kingdom government thought they could blithely ignore".

Former worldwide development secretary Mr Mitchell - a close ally of Brexit secretary David Davis who is seen as a potential successor to Mrs May - is said to have made the comments at a dinner on June 26, the day the prime minister struck a deal with the DUP to prop up her administration.

Mitchell downplayed the Mail's story, describing it in a statement to Bloomberg as "an overheated report of a private dinner conversation".

Theresa May outside 10 Downing Street a year ago.

If she's to succeed, she'll need help from the Democratic Unionist Party (DUP) and for a splintering Tory party to unite behind her.

It comes amid rumours of a possible challenge to Mrs May's leadership after the Conservatives lost their majority, forcing the party to dump much of its election manifesto and leading to open conflict between cabinet ministers on whether to soften the squeeze on public spending. However, the majority of Tory MPs are reluctant to back a change in leadership for fear of another general election, and the prospect of a victory for Labour.

And in the speech, on Tuesday, she will urge other parties to work with her on ideas to tackle "unfairness".

Rumblings of discontent about May's leadership come in a crucial week for her premiership as the government publishes its European Union repeal bill on Thursday. It would reverse the European Communities Act of 1972, which gave effect to EU law in the United Kingdom, and graft EU statutes into British law, giving ministers sweeping powers to adapt legislation without parliamentary scrutiny.

Labour has said it will attempt to see extra protections for workers and the environment, while other MPs could seek to retain the oversight of cross-EU bodies such as Euratom, even if this means coming under the jurisdiction of the European court of justice.

MPs from all parties fighting against a hard Brexit are planning a series of attempts to change the legislation, with Labour certain to push for more safeguards for the environment and employment rights. Nicky Morgan, the former education secretary, has said this position is too absolutist.

But ahead of the publication of the Repeal Bill on Thursday, ex-culture minister Ed Vaizey yesterday wrote an article with Labour MP Rachel Reeves calling for compromise over the role of the court - allowing the United Kingdom to continue participating in the Euratom treaty, governing nuclear co-operation.

The mood has alarmed some of the most dedicated Brexiters, who are concerned there is a concerted effort underway to "stymie" the Brexit process.

At the weekend Tory former ministers Dominic Grieve and Nicky Morgan hit out at the "red line" of ending the jurisdiction of the European Court of Justice, while Ed Vaizey attracted support after calling for the United Kingdom to remain part of the Euratom civil nuclear community.

Yesterday the likely Liberal Democrat leader Sir Vince Cable said he believed Brexit "may never happen" because of the difficulty in striking the right deal and getting it through a divided parliament. But amid the heat of high summer, it looks very much as if a plot is under way at Westminster.

Like this


12 February 2018
Top 10 Gambling Nations Ever
According to the European Gaming and Betting Association, it violated EU rules and thus requested European commission to amend it. There are VLT or Video Lottery Terminals ticket lotteries, bingo halls, race tracks, commercial casinos available in the country.

10 July 2017
Sells 223 Shares of Goldman Sachs Group, Inc. (The) (GS)
The total number of shares percentage held by insiders is about 6.42% while the number of Shares % held by institutions is 72.7%. The expected GS's profit could reach $1.55B giving the stock 14.30 P/E in the case that $3.98 earnings per share is reported.

10 July 2017
The Brokerages Set Olin Corporation (NYSE:OLN) PT at $35.40
Now Olin Corporation $35.09 target price is just $4.91 shy of the official lowest sell-side analyst price target on Wall Street. The company has market cap of $345.94 million. (OLN) are stable and safe compared to the lower market capitalization companies.

10 July 2017
G20 pledges to step up fight against terrorism
In a joint statement issued after the meeting, the G20 leaders called for "strengthening measures against the financing of global terrorist organisations, in particular ISIL/ISIS/Daesh, Al-Qaeda and their affiliates".

10 July 2017
Brokers Watch List: Johnson Controls Intl (NYSE:JCI)
The stock has advanced 15.06% to a low over the previous one year and showed declining move -6.32% to a high over the same period. The net profit margin for the company is reported at 7.00% while the weekly performance for the same has been recorded at 1.74%.

10 July 2017
Urban Outfitters, Inc. (NASDAQ:URBN) Broker Price Targets For The Coming Week
Increasing profits are the best indication that a company can pay dividends and that the share price will trend upward. Any way you dice it, a dip below $18.46 a share would be very bad news for URBN's technical picture in the near-term.

10 July 2017
No injuries reported in Casper structure fire
Fire inspectors say the cause likely came from a discarded cigarette butt but won't know until the investigation is complete. They were given a check from the local burn fund, and are being assisted by the American Red Cross.

10 July 2017
Mobile US, Inc. (NASDAQ:TMUS) Debt Trading 0.9% Lower
On average, equities analysts forecast that T-Mobile US will post $2.06 earnings per share for the current fiscal year. T now has $49.39 billion valuation. ( TMUS ) were valued at $59.45 and moved -0.83% as of a recent closing trade.

10 July 2017
Madhya Pradesh farmer uses teenage daughters to plough farm
According to Ashish Sharma, District Panchayat Raj Office, the farmer has been instructed not to use children for such activities. Sardar Barela's daughters, Radhika (14) and Kunti (11), have quit their education due to lack of money or financial support.

10 July 2017
Novo Nordisk AS (ADR) (NVO) EPS Estimated At $0.54
The current share price indicates that stock is -26.95% away from its one year high and is moving 35.77% ahead of its 52-week low. BidaskClub raised shares of Novo Nordisk A/S from a "hold" rating to a "buy" rating in a research note on Thursday, June 15th.