- Analytics
- News and Tools
- Market News
- Breaking: UK Prime Minister Boris Johnson resigns
Breaking: UK Prime Minister Boris Johnson resigns
In a statement delivered outside Number 10 Downing Street on Thursday, British Prime Minister Boris Johnson announced his resignation, saying that it was clear the Conservative Party needed a new leader.
Key takeaways
"The timetable will be announced next week."
"I will serve until there is a new leader in place."
"The reason I have fought so hard is because I felt it was my duty."
"I am immensely proud of my achievements."
"We will continue to back Ukraine."
"The economic scene is difficult."
"It is painful not to see my term through."
"In politics no one is indispensable."
Market reaction
The GBP/USD pair showed no immediate reaction to this development and was last seen rising 0.4% on the day at 1.1980.
© 2000-2025. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
