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"The prime minister is not dealing with the theory of leaving the European Union, she is dealing with the practice of leaving the European Union," says Tory MP Patrick McLoughlin. He welcomes her Chequers proposal, saying it is good for business.

Mrs May agrees that her focus is on business and says there has been high levels of investment in British business.

Boris Johnson's resignation may be part of a coordinated push to force the PM to drop her Brexit plan.

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Hilary Benn, the chair of the Exiting the EU Committee, says that the government's plans would take to 2022 to implement, and he asks if the government will extend the transitional arrangement, which currently only goes to the end of 2020.

"No," Mrs May replies.

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Conservative MP Anna Soubry commends the prime minister for her plan and says she would like to "congratulate her on her leadership".

She asks what further details there will be in Thursday's white paper about the UK's future relationship in services with the EU.

Theresa May pledges that there will be additional details on the trade in services in the document.

She adds that it will be important that the UK maintains "flexibility" in services trade.

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Liberal Democrat Leader Sir Vince Cable thanks the prime minister for killing off a UK-US trade agreement by agreeing to stand by European standards. He asks for retaining membership of the single market and the customs union.

Mrs May says the UK will not stay in the single market and customs union, which would keep the free movement of people.

A look at the career highs and lows of the new Brexit secretary.

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Sir Bill Cash, a firm Brexiteer, asks how the Chequers agreement will honour the EU Withdrawal Bill, and how continuing to work with the ECJ will work with democratic self-government.

Theresa May says that under the agreement Parliament would decide on any regulations coming from Europe.

"That is sovereignty, that is taking back control, and that is what people want," she says.

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The SNP's Westminster Leader Ian Blackford congratulates David Davis on all of "four hours" that he spent negotiating in Brussels, and he wishes good luck to Dominic Raab as "he is going to need it".

He says that Boris Johnson should have been sacked a long time ago, rather than resigning on his own terms, adding that it has taken two years to make this proposal and two days for it to fall apart. He says the government is a "national embarrassment".

Mrs May replies that it is "entirely right and proper" for the government to prepare for "every eventuality".

She reiterates that the UK is leaving the single market and the customs union.

The foreign secretary has quit over Theresa May's Brexit stance - he has long been a thorn in her side.

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Former Conservative leader and Brexiteer Iain Duncan Smith says the prime minister should not accept "any recommendations" from the Labour leader.

He asks whether Theresa May believes there will be any "concessions" granted to the EU over her Chequers blueprint after it is formally presented.

In reply, the prime minister says there will have to be "negotiations" on how the UK might, for example, continue to stay part of EU agencies after Brexit.

However, the Chequers plan is one that "we believe is going to deliver on Brexit for the British people", she adds.

Downing Street announces the appointment of new ministers.

Kit Malthouse joins the government as the minister for housing.

Chris Heaton-Harris becomes a parliamentary undersecretary at the Department for Exiting the EU.

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Responding to the Labour leader, Theresa May says that the "normal response to a statement is to ask questions", adding that this plan delivers the commitment for no hard border between the UK and Ireland.

She states that Mr Corbyn originally said that Article 50 should have been triggered immediately after the referendum.

"We stand ready to deliver Brexit for the British people," she states, adding that Mr Corbyn has had 103 resignations from his front bench.

She adds that the Labour party would cause a "run on the pound, capital flight" and a loss of jobs up and down the country.

Harmonised EU standards exist in all sorts of areas, such as chemicals, emissions and food safety.

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Theresa May finishes her statement, and Labour leader Jeremy Corbyn gets to his feet.

He says the double resignations of David Davis and Boris Johnson mean there is a "crisis in government", with the government "not capable" of delivering a Brexit to protect the economy.

He calls the agreement reached at Chequers last week an "illusion", which took "two years to reach and just two days to unravel".

Accusing the prime minister of "backsliding" on her Brexit red lines, he says the plan "stops well short" of a fully-fledged customs union demanded by business.

The Chequers agreement, he adds, was simply a "sticking plaster over the cavernous cracks in this government". The UK needs a government "capable of negotiating for Britain", he adds.

"For the good of this country and its people, the government needs to get its act together and do it quickly. And if it can't, make way for those who can."

Boris Johnson and David Davis have resigned over the prime minister's imposition of a new Brexit negotiating position on the Cabinet.

They accuse her of watering down Brexit so it does not reflect what people voted for in the referendum, because they see her new plan as leaving the UK too close to the EU.

The new plan would see the UK signing up to a "common rule book" on goods and agriculture, as well as agreeing to harmonise most regulations and to take into account rulings by the European Court of Justice.

Read more about Theresa May's plans.

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The prime minister outlines the decisions taken by the Cabinet, and says a free trade agreement for the UK as a whole would not work, as it would produce a hard border between the UK and the island of Ireland.

She says staying in the single market would not allow the UK to strike its own trade deals and would still continue free movement of people.

"A responsible government must prepare for a range of potential outcomes, including the possibility of no deal," she states.

And she tells MPs the Cabinet agreed on Friday that preparations for a no-deal Brexit should be stepped up.

A no-deal Brexit would have impacts on the UK and EU, she says, adding that the current proposal suggests a "UK-EU free trade area", which the UK would have to agree to as a "sovereign" and "up front" decision to agree some "harmonisation" between the UK and the EU.

It is not just a plan which is "good for British jobs" but is good for the "safety and security" of the British people, she adds.

"What we are proposing is challenging for the EU," she says, to laughter from Labour benches.

"In the two years since the referendum, we have had a spirited national debate," she says, adding that "this is the right Brexit, leaving the European Union on the 29th March 2019, a complete end to freedom of movement", and "no more sending vast sums of money to the EU".

"This is the Brexit that is in our national interest," she says, "it is right Brexit deal for Britain."