U.K’s Phillips Quits Over May’s Handling of Brexit

Stephen Phillips, a lawmaker from Prime Minister Theresa May’s Conservative Party, said he is resigning his seat with immediate effect over “irreconcilable policy differences with the current government.”

Phillips, a lawyer who works as a judge as well as sitting in the House of Commons, campaigned for Brexit, but protested at May’s attempt to implement it without going through Parliament.

His resignation comes a day after judges ruled that parliamentary approval is needed to trigger Article 50 of the Lisbon Treaty, the formal process for leaving the EU. The government will appeal the decision at the Supreme Court next month.

“It has been a great honor to serve the people of Sleaford and North Hykeham for the last six years, but it has become clear to me over the last few months that my growing and very significant policy differences with the current government mean that I am unable properly to represent the people who elected me,” Phillips said in an e-mailed statement.

His resignation means May faces another by-election, though the seat is a safe Tory one: Phillips won 56 percent of the vote in 2015, followed by Labour on 17 percent. The anti-EU U.K. Independence Party came third, with 16 percent of the vote.

Bloomberg

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Dean Popplewell

Dean Popplewell

Vice-President of Market Analysis at MarketPulse
Dean Popplewell has nearly two decades of experience trading currencies and fixed income instruments. He has a deep understanding of market fundamentals and the impact of global events on capital markets. He is respected among professional traders for his skilled analysis and career history as global head of trading for firms such as Scotia Capital and BMO Nesbitt Burns. Since joining OANDA in 2006, Dean has played an instrumental role in driving awareness of the forex market as an emerging asset class for retail investors, as well as providing expert counsel to a number of internal teams on how to best serve clients and industry stakeholders.
Dean Popplewell