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Top StoriesFormer UK Finance Minister Sunak Bids to Replace PM Johnson
Top StoriesRifts Across the Channel – the Impact of Brexit on France
Top StoriesUK Labour Threaten to Pursue Election Through No Confidence Vote
Top StoriesSterling Falls Versus Dollar on Concerns Over the Economy
Bank of England Says Insurance Reform Will Be No ‘free Lunch’
Date: July 8, 2022
By Huw Jones and Carolyn Cohn LONDON (Reuters) -Reform of insurance capital rules would free up to 90 billion pounds ($108.05 billion) of capital for investment, but it should not be a “free lunch” that puts pensioners and policyholders at risk, Bank of England Deputy Governor Sam Woods said on Friday. Changing insurance rules known...
Russian Ambassador: Johnson’s Fall Is Just Reward for ‘belligerent’ Policy on Ukraine
Date: July 7, 2022
By Jake Cordell LONDON (Reuters) -Russia’s ambassador to Britain said on Thursday that Boris Johnson’s fall was a just reward for a “belligerent” anti-Russian policy of support for Ukraine while ignoring the economic needs of the British people. “He concentrated too much on the geopolitical situation, on Ukraine,” Andrei Kelin, Russian ambassador to Britain, told...
Boris Johnson Quits as UK Prime Minister, Dragged Down by Scandals
Date: July 7, 2022
By Kate Holton, Elizabeth Piper and Alistair Smout LONDON (Reuters) -Scandal-ridden Boris Johnson announced on Thursday he would quit as British prime minister after he dramatically lost the support of his ministers and most Conservative lawmakers, but said he would stay on until his successor was chosen. Bowing to the inevitable as more than 50...
UK Conservatives Say ‘toxic’ Boris Johnson Should Be Replaced Now
Date: July 7, 2022
By Andrew MacAskill LONDON (Reuters) -Former British Prime Minister John Major said Boris Johnson should be replaced immediately rather than be allowed to remain as a caretaker leader because his cabinet may struggle to “restrain him”, amid wider calls for him to be removed now. Johnson announced his resignation as prime minister on Thursday after...
Bye Bye Boris: UK PM Johnson Bows Out With Regrets but No Apologies
Date: July 7, 2022
By Alistair Smout LONDON (Reuters) – Boris Johnson emerged to cheers from loyal lawmakers, his staff and wife but any sign of support from allies arranged around him for his resignation speech was soon drowned out by loud boos from outside the gates of his Downing Street office. After he started speaking, protester Steve Bray...
Factbox-Now UK’s Boris Johnson Has Quit, Who Could Replace Him?
Date: July 7, 2022
By Andrew MacAskill and Kylie MacLellan LONDON (Reuters) – Boris Johnson said on Thursday he was resigning as Britain’s prime minister, bowing to calls from ministerial colleagues and lawmakers in his Conservative Party. Below is a summary of some of those who could be in the frame to replace him. There is no clear favourite...