Boris Johnson is the new Prime Minister of the UK!

Boris Johnson

News just in from No.10 this morning, Boris Johnson has been named as Theresa May’s successor as the new conservative leader. The outcome of the ballot of about 160,000 Tory members has meant that Boris is the majority winner and was the overall favourite to win the ballot leading up to it. As of yesterday Sky Bet had odds of 1/100 on Boris & 20/1 on Jeremy Hunt which means that Boris was the significant favourite to win ahead of the ballot.

Leading up to the ballot Boris was the Member of Parliament for Uxbridge and South Ruislip and previously the Mayor of London. Boris had a successful run as Mayor of London leaving in his legacy the famous Boris Bikes which you will see scattered across London.

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Johnson is taking office at A time of political crisis over Brexit as he has promised to seek a new deal with the EU or leave without an agreement at the end of October. However, parliament has rejected May’s deal and refused to countenance a no-deal Brexit, while the EU has consistently said it will not reopen theagreement for further negotiations.

At least three cabinet ministers – Philip Hammond, Rory Stewart and David Gauke – have said they will resign from the cabinet in the next 36 hours rather than serve under Johnson because he is prepared to carry out a no-deal Brexit.

More to Follow!

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