May Loses Ally at Critical Time for Brexit With Cabinet Divided

  • Amber Rudd was a leading pro-EU voice in premier’s core team
  • Ministers meet this week to discuss post-Brexit trade plans
Rudd’s departure adds to Brexit uncertainty and may weaken the pound, says GAM’s Julian Howard.(Source: Bloomberg)
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Theresa May has lost a pro-European ally with the resignation of Home Secretary Amber Rudd, the fourth Cabinet member to quit in six months over a scandal, just as internal battles over Brexit come to a head.

The upset destabilizes the U.K. prime minister at a delicate time. Rudd, 54, was due to address lawmakers on Monday to defend herself against allegations that she misled Parliament over targets for deporting illegal immigrants. Now May will need to name a successor while juggling tensions among her top ministers.