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

‘When the herd moves, it moves’

James Baxter-Derrington
clock • 1 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." 'Good riddance': Advisers weigh in as PM Boris Johnson quits 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"...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

UK election high on clients' radars as impact on finances is flagged

UK election high on clients' radars as impact on finances is flagged

Majority of advisers have been asked by clients about the financial impact

Isabel Baxter
clock 13 June 2024 • 1 min read
Inflation and financial planning — focusing on the bigger picture

Inflation and financial planning — focusing on the bigger picture

Well-informed advisers can better guide their clients through turbulent times

Adam Leci
clock 07 June 2024 • 5 min read
More than half of IFAs feel negative about a potential Labour govt

More than half of IFAs feel negative about a potential Labour govt

Advisers favour Conservatives when it comes to their clients and business

Isabel Baxter
clock 09 May 2024 • 2 min read