Boris Johnson hits out at 'so-called friends and allies'

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One cabinet minister said: 'He has completely failed.

Britain's pound rose nearly 1 percent on Monday, rebounding from its biggest weekly drop in a year, after British Prime Minister Theresa May said she would resist challenges to her leadership.

Britain's Foreign Secretary Boris Johnson.

The Prime Minister is instead being urged by members of her Cabinet to sack Chancellor Philip Hammond - for being too gloomy about Brexit - in a Cabinet reshuffle at the end of the month.

This, the newspaper says, is an attempt by the Prime Minister to retain control of the party, by sacking two MEPs (the other from the South East, Richard Ashworth) who voted to block progress in Brexit talks.

May indicated in an interview with the Sunday Times that she might consider a cabinet reshuffle, saying: "Part of my job is to make sure I always have the best people in my cabinet, to make the most of the wealth of talent available in the party".

Writing in the The Sun on Sunday, David Cameron's former director of communications Craig Oliver said the prevailing wisdom in the party is that any leadership contest now, with Brexit unresolved and Labour buoyant, "would result in bloodshed and highlight division".

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But the foreign secretary - who has been on thin ice since his "dead bodies" comment - has put a statement describing her speech as "great", echoing her view that the chances of new rules coming in were "very small".

With negotiations to resume on Monday in Brussels and investors rattled by the never-ending Westminster soap opera, May is moving to restore order.

"The idea that Mrs May can lead us through Brexit and have a new leader in time for the next election is fanciful".

Today, May said that the "ball was in EU's court" as the next round of Brexit negotiations got underway.

She stressed it was "highly unlikely" that any new laws would be brought in during that period that hadn't already been discussed "and on which we would have been able to say whether they would be a rule that we would sign up to, or a rule that we would not wish to sign up to". That's fewer than the 48 needed to trigger a leadership battle, so if May is determined to stay, she can - for now.

She denied she cried after the "cringe-worthy" conference speech and hit out at some of the media portrayals of her: "One minute journalists are accusing me of being an ice maiden or a robot, then they claim I'm a weeping woman in dire need of a good night's sleep..."

All the cabinet big beasts were there to support the prime minister as she made her first Commons statement since her darkest hour in Manchester last Wednesday. "The truth is my feelings can be hurt, like everyone else, but I am pretty resilient".