UK's Brexit Minister Steve Baker resigns alongside David Davis - The Telegraph

Joshua Gibson FXStreet

Following earlier reports that Britain's Brexit Secretary David Davis has resigned from his post following Prime Minister Theresa May's latest soft Brexit proposal, a key minister within Britain's Brexit department has also resigned, with Steve Baker quitting his position shortly after Davis.

The Telegraph's Chief Political Correspondent Christopher Hope broke the news through Twitter, citing unnamed sources: “Steve Baker, Brexit minister, has quit the Government, sources say”.

Baker's departure represents a significant ramping-up of tensions within the UK's government as hard-line Brexiteers rail against PM May's Brexit proposals which continue to acquiesce control of key issues to EU leaders in Brussels, angering Tories within the parliament.

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Joshua Gibson

FXStreet

Joshua joins the FXStreet team as an Economics and Finance double major from Vancouver Island University with twelve years' experience as an independent trader focusing on technical analysis.

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