JEREMY HUNT said he is "seriously considering" a bid for the Conservative leadership as he called for a second referendum on Britain's terms for leaving the European Union.

The Health Secretary, who campaigned for a Remain vote, told Good Morning Britain: "I am seriously considering it. Nominations close on Thursday lunchtime.

READ MORE: First Minister Nicola Sturgeon looking to protect Scotland's EU position as Brexit fallout continues

"But what I want to do now is start making an argument as to what we do next as a country. This is a big, big change and if we get it right we can succeed."

He is in favour of a Norway-style model of access to the single market - but with the addition of "sensible restrictions" to freedom of movement.

READ MORE: First Minister Nicola Sturgeon looking to protect Scotland's EU position as Brexit fallout continues

Writing in the Daily Telegraph, he said the public did not vote on the conditions of the country's departure and called for a deal to be negotiated, then put before the electorate.