Theresa May secured a deal to prop up her minority government

Britain's Prime Minister Theresa May addresses the country after Britain's election at Downing Street in London, Britain June 9, 2017. REUTERS/Stefan Wermuth
Vastavam web: On Saturday British Prime Minister Theresa Conservatives struck an outline deal with Northern Ireland’s Democratic Unionist Party (DUP) for support on key legislation. Instead, voters stripped the Conservatives of their parliamentary majority. As May struggled to contain the fallout, her two closest aides resigned.Newspapers said foreign minister Boris Johnson and other leading party members were weighing leadership challenges. But Johnson said he backed May.Gavin Barwell was named new chief of staff. The Conservative lawmaker who lost his seat on Thursday and has experience working as a party enforcer in parliament.
The change was unlikely to significantly quell unrest within the party. Most of May’s cabinet members have kept quiet on the issue of her future, adding to speculation that her days as prime minister are numbered.The DUP, whose 10 seats in the new parliament give May just enough support to pass legislation, agreed in principle to a “confidence and supply” arrangement, Downing Street said.A source close to the DUP said the party was seeking more funding for the province and concessions for former British soldiers in exchange for supporting May.
The Observer newspaper said the DUP arrangement fell short of a full coalition agreement because of concerns among some Conservative lawmakers about the socially conservative DUP’s positions on gay rights, abortion and climate change.The turmoil engulfing May has increased the chance that Britain will fall out of the EU in 2019 without a deal. Previously, she said she wanted to take Britain out of the EU’s single market and customs union in order to cut immigration.Her party is deeply divided over what it wants from Brexit. The election result means businesses still have no idea what trading rules they can expect in the coming years.
The pound on Friday fell 1.7 percent against the U.S. dollar and 1.4 percent against the euro. After confirming on Fridaythat her top five ministers, including finance minister Philip Hammond, would keep their jobs, May must name the rest of her team, who will take on one of the most demanding jobs in recent British political history.She also reiterated that she would seek a reciprocal agreement early in the talks on rights of EU and British citizens, Downing Street said.