Breaking: UK Prime Minister Theresa May faces vote of no confidence over Brexit

Breaking: UK Prime Minister Theresa May faces vote of no confidence over Brexit

The UK prime minister Theresa May will face a vote of no confidence in her leadership of the Conservative party tonight, December 12.

Sir Graham Brady, the chairman of the 1922 backbench committee, released a statement saying the threshold of 48 signatures – 15% of the total number of Tory MPs – “has been exceeded”.

The announcement came after lawmakers in support of Brexit, who had held back from submitting letters calling for a confidence vote, broke cover in anger at the shelving of the vote on the Brexit deal.

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The contest will be staged between 6pm and 8pm this evening, when all 315 Conservative MPs will vote on whether they believe May should continue or not

The prime minister requires 158 supporters to survive – after which there cannot be another contest for one year – although rejection by more than 100 lawmakers from the Conservative party could damage her fatally.

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Meanwhile, previously reported that there were strong indications that the UK’s development finance arm, CDC Group Plc, might invest more than $1 billion in Nigeria over the next four years as the government reportedly plans to increase business ties with Africa after it leaves the European Union in March, 2019.

CDC, which already has investments in Nigeria, Ethiopia, Zimbabwe, aims to put as much as $4.5 billion into the continent, which would almost triple its existing African portfolio of roughly $2.6 billion ( -> We have upgraded to serve you better

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Source: Legit

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