May to address her MPs after attacks over Brexit
British Prime Minister Theresa May will address Conservative Party lawmakers at a private meeting in parliament on Wednesday after anger at her Brexit negotiating strategy prompted some of them to discuss toppling her, Reuters reports.
May asked to address her divided party’s powerful “1922 Committee” where she can expect questions from lawmakers, some of whom have discussed forcing a leadership contest.
Many business chiefs and investors fear politics could scupper an agreement, thrusting the world’s fifth largest economy into a “no-deal” Brexit that they say would spook financial markets and silt up the arteries of trade.
Companies will suffer and criminals could benefit from the inevitable border disruption that will ensue if Britain leaves the European Union without a deal, the country’s public spending watchdog said on Wednesday.
May failed to clinch a deal at an EU summit last week and her decision to signal the possibility of extending a post-Brexit transition period, keeping Britain under EU governance with no say in it, to help end the deadlock has angered both hardline supporters of Brexit and pro-EU lawmakers.
But many Conservative Party lawmakers are wary of toppling a leader on the eve of Britain’s most significant political and economic move since World War Two. Many also fear an election could bring the opposition Labour Party into power.