Boris Johnson declares he will remain in government until new leader is found

‘When the herd moves, it moves’

James Baxter-Derrington
clock • 2 min read

Boris Johnson has declared he will remain as prime minister until a leadership election is completed but has resigned as Conservative party leader.

In a speech given outside number 10, Johnson blamed the will of the parliamentary Conservative party for forcing him out and said a timetable for leadership campaign will be announced next week. Johnson said: "The herd instinct is powerful and when the herd moves, it moves." Prime Minister Boris Johnson resigns He explained the reason he had fought to remain in place over the past couple of days was "not just because I wanted to do so, but I felt it was my job, my duty, my obligation to you [the British public] to do so", adding that he was "immensely proud" of his achievements sin...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on UK

BoE warns of rising sovereign debt impact on UK financial stability
UK

BoE warns of rising sovereign debt impact on UK financial stability

Financial Stability report

Sorin Dojan
clock 29 November 2024 • 2 min read
UK space sector deals skyrocket five-fold over course of a decade
UK

UK space sector deals skyrocket five-fold over course of a decade

Faster growth than UK economy

Linus Uhlig
clock 27 November 2024 • 2 min read
'Significant price pressures' ahead as retail faces £7bn of additional costs
UK

'Significant price pressures' ahead as retail faces £7bn of additional costs

‘End of falling inflation’

Sorin Dojan
clock 26 November 2024 • 1 min read
Trustpilot