U.K. Foreign Secretary Boris Johnson Resigns Over Brexit

Theresa May and David Davis

His resignation has been followed by that of Brexit ministers Steve Baker and Suella Braverman.

Boris Johnson (file) in March.

Labour leader Jeremy Corbyn said the Prime Minister "has no authority left and is incapable of delivering Brexit".

Hunt, who served as the health secretary, was assigned to his new role late on Monday hours after Johnson handed in his resignation letter to May.

DAVID Davis has resigned as Brexit Secretary in a major blow to Theresa May.

Mrs May has now appointed Dominic Raab and Jeremy Hunt to replace Mr Davis and Mr Johnson.

In a statement, May's spokesman said the prime minister will fight any attempt to oust her.

Other pro-Brexit Cabinet ministers said they supported May and would not resign. He said "the Brexit dream is dying, suffocated by needless self doubt".

May said the plan would deliver frictionless trade with Europe and was the "only way to avoid a hard border" between the U.K.'s Northern Ireland and European Union member Ireland.

She took her entire cabinet to her country residence on Friday to try to get agreement on a United Kingdom vision for post-Brexit relations.

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It would have been amusing (though in keeping with the joke British politics has become) to imagine him laughing as he wrote: 'It is with deep regret that I must inform you...' all the while knowing his only real concern was the upcoming clash in Moscow.

Brexit negotiator David Davis suddenly stepped down Monday after failing to secure key concessions from European Union member states after the UK's withdrawal.

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"It seems to me we're giving too much away, too easily, and that's a unsafe strategy at this time", Davis said in a BBC radio interview Monday morning.

Britain's Prime Minister Theresa May speaks to assembled guests, as she hosts a reception to mark the 70th anniversary of the NHS, at 10 Downing Street, in central London on July 4, 2018.

"The prime minister knows it's a proposal and not an end agreement".

Johnson and Davis are two of the most prominent proponents of a so-called "hard Brexit", or a clean break with the EU.

As evidenced by yesterday's price action, political uncertainty continues to be the biggest driver for the Pound in the short term.

What was the reaction in the Commons?

Johnson reportedly was more blunt, describing the plan as a "turd".

In response to questions about whether the government is in "meltdown", May's spokesman said "it is not".

Arch-Brexiteer Jacob Rees-Mogg, leader of the powerful European Research Group faction within the Tory ranks, said his resignation should force Mrs May to reconsider her approach.

What has been the reaction from the EU?

"Now there is chaos", it said in its editorial.

What does it all mean for Brexit?

"Brexit should be about opportunity and hope". Inside it warns readers that a "no-deal" Brexit or fresh elections can no longer be ruled out.

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