Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolio

UK Brexit supremo Frost resigns in blow to PM Johnson

Published 18/12/2021, 20:18
© Reuters. FILE PHOTO: British Brexit Minister David Frost speaks to the media ahead of a meeting with European Commission Vice-President Maros Sefcovic in Brussels, Belgium November 19, 2021. REUTERS/Yves Herman

By William Schomberg and Guy Faulconbridge

LONDON (Reuters) -British Brexit minister David Frost resigned on Saturday over disillusionment with the direction of Boris Johnson's government, dealing a major blow to the embattled prime minister https://www.reuters.com/world/uk/british-pm-johnson-faces-rebellion-parliament-over-covid-measures-2021-12-14 as the Omicron variant sweeps the country.

The resignation of Frost, a core architect of Johnson's tumultuous Brexit strategy, raised questions about the future tone of the EU divorce and the immediate course of talks on Northern Ireland. It also added to a sense of turmoil in Johnson's Conservative government.

Frost said he was confident that Brexit was secure, but said he had concerns about the government's direction.

"You know my concerns about the current direction of travel," Frost told Johnson in a letter released by Downing Street.

"I hope we will move as fast as possible to where we need to get to: a lightly regulated, low tax, entrepreneurial economy, at the cutting edge of modern science and economic change."

His resignation was first reported by The Mail on Sunday, which said it was triggered by Johnson's tougher COVID restrictions but also by a broader discontent with tax rises and the cost of environmental policies.

Frost said he had agreed with Johnson earlier this month to leave in January, but because his move had been leaked it should happen with immediate effect.

"We also need to learn to live with COVID," Frost said. "I hope we can get back on track soon and not be tempted by the kind of coercive measures we have seen elsewhere."

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Johnson said he was sorry to receive Frost's resignation.

The departure of the British government's most senior Brexit negotiator comes on top of warnings from some of his Johnson's own Conservative Party lawmakers that he must improve his leadership or face a challenge.

Johnson, who won a landslide election victory in December 2019, is facing the biggest crisis of his premiership after a litany of scandals and missteps, which his opponents say show he is unfit to be prime minister.

He has faced a barrage of criticism since a video emerged showing his staff laughing and joking about a Downing Street party during a 2020 Christmas lockdown when such festivities were banned.

Downing Street had denied a party took place. Britain's top civil servant, Simon Case, has stepped down from leading the investigation into alleged parties after it was disclosed that an event had been held in his own office.

The loss of a parliamentary seat in an election defeat in a Conservative stronghold earlier this week showed public dismay over the litany of scandals and stepped up pressure on Johnson. [nL1N2T2040]

BREXIT FUTURE

Frost, a former diplomat who was repeatedly hailed by Johnson as "the greatest Frost since the Great Frost of 1709," was a committed Brexit supporter who negotiated Johnson's revised EU divorce deal and a trade agreement.

He cast the United Kingdom's 2016 vote to leave the EU as part of a broader rebellion against the bloc's transnational collective governance that wanted to revive the nation-state.

Having such a true "Brexit believer" at the heart of British power gave reassurance to Brexit supporters in the Conservative Party that Johnson would remain tough on the European Union.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Frost, until his resignation, was leading an attempt by London to renegotiate parts of the divorce deal concerning Northern Ireland.

Beyond Brexit, though, the 56 year-old Frost was unhappy.

In a speech last month, Frost expressed his clear discontent with the course of post-Brexit British policy.

"We have not successfully rolled back the frontiers of the European Union from Britain with Brexit, only to import that European model after all this time," Frost said in a Nov. 22 speech at the Margaret Thatcher Conference on Trade.

He disagreed with "those who think we can treat the private sector as just a convenient way of keeping the public sector running."

"It isn't just a source of taxes," Frost said. "We can't carry on as we were before, and if after Brexit all we do is import the European social model we will not succeed."

The opposition Labour Party said the government was in chaos and said Johnson should provide clarity on what would happen in talks with the EU over the Northern Irish Protocol, a part of the divorce deal.

"Boris Johnson needs to get a grip, tell us his plan for the next few weeks and bring certainty for the people of Northern Ireland by unblocking the stalemate over the Protocol," said Jenny Chapman, Labour's shadow minister of state at the Cabinet Office.

Latest comments

There wont be any second referendum. Its time to move forward and get rid of as much EU baggage as possible especially regulation. We dont need it.
Surely he should've been let go off months ago when Brexit was concluded! What was he doing still on the payroll!
Johnson days are counted.... price to pay for all his lies and his incompetence. Just surprised he managed to fool so many people for so long....
good riddance quisling
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.