This is one of those moments that inspires theories of elections, mass resignations and political crisis – Brexit must surely now be cancelled? No. The Prime Minister has, despite her critics, created an atmosphere of calm and stability, albeit it without the strength. Add to this, the lack of appetite from any senior Conservative to take over and the even greater lack of Parliamentary appetite for another General Election. It must be remembered that the Fixed Terms Parliament Act, brought in by the coalition, still prevents a Government from simply calling a General Election, or from calling a vote of no confidence.
Read MoreIs the UK willing to accept the terms of withdrawal as described by the EU? It also calls for free movement of goods ignoring services (including services embedded into the sales of goods, which is a huge factor in the fashion supply chain), movement of capital and people.
Read More