Markets shaken as Brexit deal comes under attack

A still image from a video footage shows Britain's Prime Minister Theresa May speaking during Prime Minister's Questions in the House of Commons in central London Britain

A still image from a video footage shows Britain's Prime Minister Theresa May speaking during Prime Minister's Questions in the House of Commons in central London Britain

But she opposed initial reports of her being "left in tears" following the row saying she shed no tears as "I'm made of much sterner stuff than that", the Telegraph reports.

Mrs May paid tribute to the pair as she faced MPs in the House of Commons to deliver a statement on her plans.

There were already rumblings that while she claimed the Cabinet had collectively given its backing to her deal, many ministers had spoken out against it and were not entirely happy with the final text.

With her party in revolt, her colleagues departing - some determined to usher her out of office - we can't, and don't know yet, if Brexit can happen as planned, perhaps, if at all. "Or we can choose to unite and support the best deal that can be negotiated - this deal".

Theresa May has dismissed speculation she could be ousted as prime minister over her Brexit agreement, saying: "I am going to see this through".

Graham Brady, the chairman of the 1922 Committee of backbench Conservatives to whom MPs must address their letters, is forbidden from disclosing how many he has received.

During the cabinet meeting, British journalists said anger among Brexit-supporting Conservative lawmakers was so high that they might call for a vote of no confidence in her leadership.

Supporters of Brexit admit there may be some short-term pain for Britain's $2.9 trillion economy, but say that, in the long term, it will prosper when cut free from the EU - which they cast as a failing German-dominated experiment in European integration.

Jo Johnson, the younger brother of Boris, who resigned as foreign secretary over Brexit in July, set the ball rolling last week after he resigned as transport minister over what he called Theresa May's "delusional" Brexit plans.

May went into battle after Raab resigned over the draft deal, while a second cabinet minister and two junior government ministers also walked out. That prompted a big fall in the value of the pound, which was trading 1.3 percent lower at $1.2829.

Esther McVey, the secretary for work and pensions, said the draft deal "does not honour the result of the referendum" in her own resignation letter.

"This is not the deal the country was promised", Corbyn stated in his floor speech, "and Parliament can not and I believe will not accept a false choice between this bad deal and no deal".

European Union leaders will meet on November 25 to endorse May's divorce deal, although the British prime minister acknowledged that a number of obstacles remained before Brexit could be finalised.

"I regret to say that, following the cabinet meeting yesterday on the Brexit deal, I must resign", he said on Thursday.

"'No deal' is not pretty", Health Secretary Matt Hancock told BBC Radio 4.

Some in Britain, including lawmakers on both sides of the debate, have been calling for a second public vote on any deal that the U.K. Parliament approves.

The voices from her own party offering muted support were drowned out by fierce criticism from backbenchers who expressed concern about the deal, and openly questioned whether May was fit to continue leading the party.

The DUP leader in Parliament, Nigel Dodds, said the "choice is now clear: we stand up for the United Kingdom, the whole of the United Kingdom, the integrity of the United Kingdom, or we vote for a vassal state with the breakup of the United Kingdom, that is the choice". May heads a minority government with support from Northern Ireland-based Democratic Unionist Party, which too declared its intention to vote against the agreement.

"The parliamentary processes can be sped up", he said, suggesting a time frame of "not months, but.weeks".

Former Tory leader Lord Hague warned Brexiteers that if they did not accept Mrs May's deal, Britain might not leave the EU.

European Union leaders will meet on November 25 to endorse the Brexit divorce deal. But May sounded a defiant note and vowed to fight for the draft Brexit deal. Hostility to the deal from government and opposition lawmakers raised the risk that the deal would be rejected and Britain would leave the European Union on March 29 without a safety net.