Sir Graham Brady to tell UK PM Theresa May: Stand down or be ousted - The Sunday Times

Anil Panchal FXStreet

The Sunday Time’s reported that the chairman of the back-bench 1922 committee, Sir Graham Brady, is ready to tell the British Prime Minister Theresa May that she has to step down from her position.

The news report published on Sunday said that the UK PM Theresa May will be told this week that she must step down as prime minister by the end of June or her MPs will change the Tory party leadership rules to force her out.

The report further said that Sir Graham Brady will visit May to tell her that 70% of her MPs now want her to resign for botching Brexit and presiding over a collapse in Tory support. MPs on the executive of the committee will meet on Tuesday to decide whether to tear up the rules to allow a new vote of no confidence in May before December. Insiders say “swing voters” are leaning towards changing the rules unless she agrees to go by June 30.

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Anil Panchal

FXStreet

Anil Panchal has nearly 15 years of experience in tracking financial markets. With a keen interest in macroeconomics, Anil aptly tracks global news/updates and stays well-informed about the global financial moves and their implications.

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