It’s confirmed. Graham Brady, chair of the 1922 Committee, has received at least 48 letters from Conservative PMs for a confidence vote on Prime Minister Theresa May. The’s over 15% threshold for triggering the request. A ballot will now be held today between 1800 to 2000 GMTÂ today.
Brady said in a press release that “the threshold of 15% of the parliamentary party seeking a vote of confidence in the leader of the Conservative party has been exceeded.” And, with votes counted “immediately afterwards and an announcement will be made as soon as possible”.
Sterling is actually rather calm on the news.
UK Prime Minister Theresa May speaks regarding leadership challenge, video
UK Prime Minister Theresa May speaks regarding leadership challenge. In short, May pledged to contest the no-confidence vote with “everything I have got”. She believed the deal with EU is “attainable”. And she warned that a change of leadership in the Conservative now will “put the future of our country at risk and create uncertainty we can least afford it”.
And she also warned that a change of leadership now would “hand the control of the Brexit negotiation to opposition MPs”. And the new leader will have to extend or rescind article 50, “delaying or even stopping ” Brexit. Video below.
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