Ministers 'still making case for leaving customs union'



"We will not be staying in the customs union or joining a customs union", the source said.

May is set to face calls from leading Brexiteers Boris Johnson, David Davis and Liam Fox to abandon her preferred form of a customs deal with the European Union, according to The Times.

The UK government has insisted that Britain will leave the customs union, ahead of a symbolic vote in Parliament on Thursday, with pro-Brexit Tory MPs reportedly turning the pressure up on Prime Minister Theresa May.

Theresa May faces more headaches from MPs as she struggles with her Brexit vision.

Who supports leaving the customs union?

The British Government remains committed to leaving the EU Customs Union according to sources in Downing Street. "It seems very hard for her to navigate that without someone resigning". This means the United Kingdom is not allowed to broker its own trade deals.

An upcoming vote on staying in the customs union after Brexit could be treated as a vote of confidence in her leadership.

We're not going to be part of the customs union or a customs union.

Oil jumps 3 percent on Saudi price target, U.S. stockpiles
US crude oil exports rose by 544,000 barrels a day last week, and USA production rose by 15,000 barrels a day to 10.54 million. The deal, which runs through the end of this year, has almost shrunk global oil stockpiles to their five-year average.

Many Remain-supporting MPs believe that keeping a customs union with the EU would limit the economic difficulties caused by Brexit and would help provide a solution to the Irish border issue.

Rees-Mogg believes that after leaving the union, the United Kingdom should phase out all tariffs, in order to reduce consumer prices and stimulate competition.

They also argue that negotiating new trade deals with the European Union would be a long and tortuous process, with all member states having to sign off on the agreements before they can take effect.

Former Cabinet minister Nicky Morgan, who is behind a pro-customs union Commons motion, told the BBC the move was not intended as a threat to the prime minister's position and the "sabre-rattling" was "coming from the pro-Brexit section of the party and it's deeply unhelpful".

The Confederation of British Industry has called for the United Kingdom to remain in the customs union, while the Labour Party has also backed a similar arrangement.

The main topic will be discussion of the U.K.'s aims for global trade after Brexit, according to the official, and will nearly certainly involve consideration of the customs deal the country will seek to reach with the bloc.

"There seems zero chance of having infrastructure in place by 2019 to deal with the customs checks that would be required", the broadcaster adds.

According to The Times, Brexit Secretary David Davis, Foreign Secretary Boris Johnson and International Trade Secretary Liam Fox will press the Prime Minister over reports that Number 10 has been preparing for the possibility of Britain remaining in a customs union with the bloc, at a meeting of the Cabinet's Brexit sub committee on Wednesday.

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