11:03 GMT +318 June 2018
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    'No Leadership': Tory Donor Calls to Replace May to Move Ahead With Brexit

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    UK Prime Minister Theresa May is facing fierce criticism from prominent Brexiteers over her handling of the divorce negotiations with the EU and her inability to take a tougher stance with Brussels.

    Crispin Odey, a major Conservative Party donor and hedge fund manager who backed the Leave campaign, believes that Environment Secretary Michael Gove should replace May as party leader because she cannot “carry Brexit through.”

    Odey also believes that Michael Gove has the skills to make a success of Britain’s exit and appeal to voters.

    He suggests that the government take a bolder stance with Brussels and learn from the new Italian coalition government which wants to defy the EU’s debt rules.

    “We should be reaching out to Italy. We should be saying that we have so many of the same problems,” Crispin Odey emphasized.

    He also believes that London should breach EU rules by signing separate trade deals with foreign countries.

    “We’ve got to have that self-confidence to make breaches,” he told the Observer. “I would go to Gove. He’s the only minister who is still being a minister. Michael has got lots of attributes that make him a non-traditional Tory. He is very aware that he has to appeal not just to the wealthy, but also more broadly. I don’t think May can carry Brexit through any more.”

    READ MORE: It's Official: UK Economy Grows Slowest in 5 Years Amid Brexit Crossfire

    “Italy has confronted the EU – they’ve said they will go ahead and be in breach of its rules,” he added.

    While admitting that Theresa May is a gifted technocrat, Crispin Odey questioned her handling of Brexit.

    “As someone said about May, she should have joined the civil service, rather than becoming a politician. She is perfect for that, but she can’t make a decision. So there is no leadership.”

    The United Kingdom is currently part of the EU single market but if London leaves it after Brexit, Britain will have to negotiate new trade deals with its partners, including the United States.

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    Tags:
    call for new leadership, Brexit impasse, Tory donor, EU, Crispin Odey, Michael Gove, Theresa May, United Kingdom
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