Cabinet Brexiters Outgun May on Her Customs Plan

  • Ministers are said to have split 6-5 against her proposal
  • At stake is what Brexit looks like, and premier’s career
Political risk is rising amid a "rapidly evolving" Brexit situation, UBS’s John Wraith says.(Source: Bloomberg)
Lock
This article is for subscribers only.

Theresa May is facing a crisis after pro-Brexit ministers paired up with Conservative hardliners to demand a clean break from the European Union’s customs system, rejecting her plea for a compromise solution.

The U.K. prime minister was outnumbered at a meeting of her inner Cabinet on Wednesday, with ministers unable to agree on either of the middle-of-the-road customs options that May had proposed.