Brexit Minister Dominic Raab and 3 more of PM Theresa May's ministers resigned Thursday to protest her proposed Brexit agreement that they say" /> ACRO Global Tourism Marketer Articles: Sterling and UK stocks plunge as ministers quit over latest draft Brexit deal
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Sterling and UK stocks plunge as ministers quit over latest draft Brexit deal
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15 November 2018 (Edited )

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David|15 November 2018

Brexit Minister Dominic Raab and 3 more of PM Theresa May's ministers resigned Thursday to protest her proposed Brexit agreement that they say will make the UK a "vassal state" of the EU for years.

A proposed "backstop" arrangement that would create a common EU-NI customs arrangement is a major sticking point. The NI DUP has threatened to withdraw its support of Ms. May - which is necessary to keep her government in power - if NI would be treated differently from the rest of the UK post-Brexit.

These events raise possibilities of a no-deal Brexit, and of the fall of Ms. May's government.

Sterling and stock values plunged on the news.

Stay tuned.


David Boggs President/CEO ACRO Global|Publisher Tourism Marketer
David H. Boggs
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