GBP/USD recovers as Boris Johnson supports May

Senior Tories hit back at Johnson over his claims Brexit plans 'deranged'

May has shown little sign of moving away from her so-called Chequers plan, but after trying to display unity over Brexit at her party's annual conference in the city of Birmingham, her former foreign secretary looks set to shatter those attempts.

He also criticised Jacob Rees-Mogg for pledging financial security in Britain after Brexit at the same time as opening an investment fund in Ireland to transfer his money over.

Britain's Brexit Secretary Dominic Raab said the Irish issue was being used by some in the EU Commission "for political purposes", but said he was open to suggestions from the bloc.

It's not clear if Mr. Johnson's antics have captivated the party membership enough for him to win a leadership showdown with Ms. May.

Ahead of his conference appearance, he was pictured out jogging, in what some interpreted as a "parody" of Mrs May's claim that the "naughtiest" thing she did as a child was to run through a field of wheat.

This included what she said was his "tearing up" of a guarantee to the people of Northern Ireland.

Mr Johnson, who became the figurehead for the campaign to leave the European Union, has been one of her loudest critics.

While Mr Johnson's Brexit message was greeted with the greatest rapture, his attack on the opposition Labour Party and calls for the Conservatives to return to the party's traditional values of low tax and strong policing were also enthusiastically received.




After charming the crowds, there was a hunger from some of those present for Johnson to go further and declare a leadership bid - something his aides say he is reluctant to do, yet. "My letter of no confidence (in the prime minister) is in there as a marker on the ground".

Attacking Mr Corbyn's leader's speech to Labour's conference in Liverpool last week, Mr Johnson will say: "It was astonishing that he had absolutely nothing to say about the wealth-creating sector of the economy - the people who get up at the crack of dawn to prepare their shops, the grafters and the grifters, the innovators, the entrepreneurs - he didn't mention any successes". "We will give credence to those who cry betrayal, and I am afraid we will make it more likely that the ultimate beneficiary of the Chequers deal will be the far-right in the form of UKIP". May to respond to Mr. Johnson challenge in her speech on Wednesday.

She retorted by arguing that his alternative proposals would result in a post-Brexit customs border between Northern Ireland and the rest of the UK.

But he added: "I believe that when the Prime Minister lands this deal and brings it back, there will actually be a boost to the economy, as businesses start making those investments that they've deferred over the previous year or so, consumers start spending on big-ticket items as they feel more confident knowing where we are going in the future".

When asked before the fringe event how she had been getting on with Mr Johnson, the prime minister laughed and told BBC One's Breakfast: "Well, I'm sure that's going to be a very lively event".

Britain's Brexit Minister Dominic Raab has said the European Union (EU) "needs to get serious and they need to do it now" and that, if forced, the country would accept a no-deal scenario.

"We are all ... members of the Conservative and Unionist party".

"But we have been very clear, we have got to deliver a deal for the United Kingdom that's good for our economy, make sure people continue to have the opportunity to have job security and job opportunities for the future and respect that referendum and deliver on getting back control of our border, of our laws, of our money and that's what this package does".

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