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

House of Lords challenges 'disproportionate' FCA investigations proposal
UK

House of Lords challenges 'disproportionate' FCA investigations proposal

Letter to FCA CEO Nikhil Rathi

Eve Maddock-Jones
clock 22 April 2024 • 2 min read
Bank of England's Megan Greene rules out 'imminent' rate cuts - reports
UK

Bank of England's Megan Greene rules out 'imminent' rate cuts - reports

UK in 'trade-off territory'

Valeria Martinez
clock 19 April 2024 • 2 min read
UK inflation falls less than expected over March to 3.2%
UK

UK inflation falls less than expected over March to 3.2%

‘Signs of deeper persistence’

clock 17 April 2024 • 2 min read
Trustpilot