More than 200 founders, entrepreneurs, and chief executives have signed a letter that is calling on the Conservative MPs to vote down the proposed Brexit deal of Theresa May. The letter is urging the MPs to cast aside their political differences.
The document was coordinated by members of the Alliance of British Entrepreneurs (ABE). It asks that the MPs be subjective in their assessment of the proposals of PM May. It believes that they do not meet the tests that were set out by the Prime Minister during one of her speeches at Lancaster House last year. This includes the United Kingdom maintaining the control of its laws and immigration, withdrawing from the Single Market through a free trade agreement and dropping out from the Customs Union.
The signatories include JD Wetherspoon chairman Tim Martin, Better Capital founder John Moulton, and Numis Securities founder Oliver Hemsley.
In an interview, Tom Bohills, the co-founder of ABE, stated: “In its current form, the deal’s not good enough.”
He added: “We’ve written the letter to lay out an objective test for MPs… If you don’t think the deal meets those tests, you have to vote it down.”
The letter was also organised by John Longworth, the former British Chamber of Commerce director general. It is scheduled to be delivered to MPs on Monday amid some reports that May is set to face a vote of no confidence.
Over 20 MPs have already publicly admitted to submitting letters of no confidence in May this week. Some reports have also suggested that a further 15 have been submitted in private, with a total of 48 letters needed to trigger the vote.
The wider rebellion of the Tories comes after the resignation of Dominic Raab, the Brexit secretary of the UK, shortly after the Brexit deal of May was revealed to MPs last Thursday, as well as the resignations of Esther McVey, the work and pensions secretary, and six other MPs and officials.
Yesterday, it was announced that Stephen Barclay will be taking up the role of Raab while Amber Rudd, the former home secretary, will return to the cabinet as the work and pensions secretary.
The Prime Minister is set to address the exodus in an appearance on Sky News tomorrow morning.