Theresa May presses on with Brexit plan after high-profile resignations

Pound to euro exchange rate Brexit news

"Boris Johnson is a friend of mine", he said.

"The government now has a song to sing", he said.

Concessions on regulations would be off the table because Britain needs to remain aligned with strict European Union safety and environmental rules.

In the two decades since, he has become an established figure within the party, challenging David Cameron to a 2005 leadership contest which the younger man went on to win. "There was always going to be a moment in time that was needed for the British Prime Minister to show her authority because she had a very divided cabinet on her approach to Brexit", he said.

Britain is now part of the EU's single market - which allows for the frictionless flow of goods and services among the 28 member states - and its tariff-free customs union for goods.

In the pro-Conservative Spectator magazine, Brendan O'Neill wrote that there had been "a Remainer coup" - a reference to Johnson's replacement Jeremy Hunt, who also supported staying in the European Union but says he has now changed his mind.

In a remark addressed in particular to Mr Johnson, Mr Hague said: "Being a romantic on this issue is all very well but is of no practical use to the country".

Bradley said the Chequers proposals would leave Britain tied to European Union trade regulations.

A minister quoted the prime minister as saying, "If we don't pull together, we risk the election of Jeremy Corbyn as prime minister", The Guardian reported.

Rebuffing claims that her proposals make too many concessions to the EU, May said her "smooth and orderly Brexit" would leave Britain free to make its own laws and trade deals.

Prime Minister Theresa May published details of how Britain wants to see its future relationship with the European Union on Thursday.

Speaking at a North Atlantic Treaty Organisation summit in Brussels, Mrs May repeated her assertion that the Chequers agreement delivered on her Brexit red lines - leaving the EU's single market and customs union.

Pro-Europeans want to retain close economic ties with the bloc and its market of 500 million people, while some Brexit supporters want a clean break to make it possible to strike new trade deals around the world.

But people like political communications expert Kevin Craig believe his departure - and that of David Davis - could strengthen the Prime Minister's outlook.

"So far sterling has moved from elated (no hard Brexit) to rock bottom (new government crisis likely)", Antje Praefcke, a currency strategist at Commerzbank in Frankfurt, said in a note. Her plan splits the difference between a stripped-down free-trade deal and the so-called Norway option of full single-market membership.

The Brexit talks are being closely followed by the Indian government and more than 800 Indian companies based in the United Kingdom with annual revenues of almost £50 billion.

But May's allies fear more resignations may follow.

Mr Raab, May's new Brexit minister, will suggest that such criticism was not justified.

But prominent Brexiteer Jacob Rees-Mogg described it as a "breakdown in trust" and said Mrs May must now U-turn or be forced to rely on Labour votes to get her legislation through Parliament. Euroskeptic Conservative lawmaker Peter Bone said party activists felt "betrayed" by the government plan.

Within hours, two top officials from the Conservative party - Ben Bradley and Maria Caulfield - also quit, warning that close links with Europe after Brexit could trigger a public backlash.

"But I come back to this point, if people don't like this proposal what is their alternative?"

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