Theresa May has rebuked Philip Hammond after he triggered a furious Cabinet row after making a dramatic public call for a soft Brexit.

The Chancellor used a speech in Davos, Switzerland, to say that there would only be "very modest" changes to relations between the EU and the UK after Brexit.

He praised a call by the CBI group of business leaders for Britain to have the "closest possible relationship between the EU and the UK post-Brexit".

His comments prompted a backlash from Cabinet colleagues and backbenchers, who accused the Chancellor of putting the Tories on the "path to electoral ruin".