MP for Brecon and Radnor Chris Davies says 'now is not the time for rash decisions' as pressure mounted on the Theresa May over the weekend amid a potential vote of no-confidence from Conservative MPs.

The Prime Minister has been under pressure from her own party's Euro-sceptic MPs who are unhappy with her proposed Brexit deal, released last week.

Should 48 Conservative MP's write a letter declaring that they have lost confidence in her to the party's '1922 committee', a leadership election would be triggered. A total of 25 letters are believed to have been received so far.

But in a statement released over the weekend, Conservative MP and 'committed lifelong Euro-sceptic' Chris Davies said he would be considering his options over the issue.

"I am sure you may have read about other members submitting letters of no confidence in the Prime Minister. I have not done so as of yet," he said.

"I hold genuine concerns over what has been mentioned in the press, and I believe that now is not the time to make rash decisions.

"Last night the Government released a 580 page document setting out its plan. Until I have read through the document in detail and looked at what genuine alternatives we have I will not be rushed into a decision."

Mr Davies, a member of the Euro-sceptic European Research Group(ERG) thinktank chaired by Jacob Rees-Mogg MP, said he was concerned about the potential for a second referendum if the Prime Minister's Brexit deal did not get through Parliament.

"Whilst I agree that a bad deal is worse than a no deal, we need to look at what happens next if this deal does not go through Parliament. Many MP’s are concerned that if this does not have sufficient support it could potentially lead to a second referendum," he said.

"A second vote would be profoundly undemocratic and I would be totally against any attempt to rerun the referendum campaign.

"I am a committed lifelong Euro-sceptic and always have been. However even if the majority of the country does share this view unfortunately the majority of the House of Commons does not and we have to very careful how we proceed at this sensitive juncture."

Yesterday, the ERG released a document condemning the putative deal.

"The combination of these measures means the United Kingdom will have not left the European Union but will instead be ‘half in and half out’. This will mean that we will become a ‘vassal state’ many of whose laws will have been created abroad and over which we have no influence. This is completely against the spirit of the 2016 referendum in which 17.4 million UK citizens voted to leave the European Union," said a spokesperson.