Theresa May’s own minister turns against her, as the government goes into meltdown

Support us and go ad-free

Storm clouds continue to gather for beleaguered Prime Minister Theresa May. Following a torrid afternoon at Prime Minister’s Questions on Wednesday 26 October, at which her Brexit position was widely ridiculed, even her own ministers are beginning to turn. Junior Trade Minister Mark Garnier has delivered the latest blow.

Banks

In an interview with Bloomberg TV on 26 October, Garnier set alarm bells ringing by admitting that global banks will lose their current rights to provide services in the EU after Brexit. This is a fact that May has avoided discussing, despite her unexplained switch from pro-Remain Home Secretary to a PM advocating hard Brexit.

In Britain, banking accounts for a much larger part of the economy than other developed countries, and the effects could well be disastrous. Thousands of job losses are likely.

While the May government scrabbles around to limit damage to the financial sector, it has come under further fire from Shadow Chancellor John McDonnell. He accused the government of trying to engineer a “bankers’ Brexit”. McDonnell states that its plans will ignore the needs of manufacturers and small businesses while turning Britain into “a Singapore of the North Atlantic”.

Food

During his interview, Garnier strayed further from the party line, making it clear that the cost of food will rise after Brexit. In contrast to the vague slogans repeated by the Prime Minister, Garnier stated that increasing food costs were:

a well predicted effect

And:

Read on...

Support us and go ad-free

there is nothing we can do about it

Brexit means Brexit?

Having outlined the enormous problems that May’s hard-Brexit insistence will bring to banking and the general cost of living, Garnier fired another shot across her bows. With reference to the PM’s Brexit catchphrase, he said:

I’m not going to use the expression Brexit means Brexit for obvious reasons – because it does not necessarily give that much clarity.

In crisis

Following the news that she faces a rebellion over plans to build a third runway at Heathrow, which she also opposed before becoming PM, Garnier’s comments will cut to the bone.

Having dithered for months, May is now losing the confidence of her party on several fronts. Her government is now very much in meltdown.

Get Involved!

– Support The Canary as we continue to bring you the news that matters.

Featured image via Flickr

Support us and go ad-free

We need your help to keep speaking the truth

Every story that you have come to us with; each injustice you have asked us to investigate; every campaign we have fought; each of your unheard voices we amplified; we do this for you. We are making a difference on your behalf.

Our fight is your fight. You’ve supported our collective struggle every time you gave us a like; and every time you shared our work across social media. Now we need you to support us with a monthly donation.

We have published nearly 2,000 articles and over 50 films in 2021. And we want to do this and more in 2022 but we don’t have enough money to go on at this pace. So, if you value our work and want us to continue then please join us and be part of The Canary family.

In return, you get:

* Advert free reading experience
* Quarterly group video call with the Editor-in-Chief
* Behind the scenes monthly e-newsletter
* 20% discount in our shop

Almost all of our spending goes to the people who make The Canary’s content. So your contribution directly supports our writers and enables us to continue to do what we do: speaking truth, powered by you. We have weathered many attempts to shut us down and silence our vital opposition to an increasingly fascist government and right-wing mainstream media.

With your help we can continue:

* Holding political and state power to account
* Advocating for the people the system marginalises
* Being a media outlet that upholds the highest standards
* Campaigning on the issues others won’t
* Putting your lives central to everything we do

We are a drop of truth in an ocean of deceit. But we can’t do this without your support. So please, can you help us continue the fight?

The Canary Support us

Comments are closed