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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
UK
Prime Minister Boris Johnson has suffered an embarrassing morning after satirical magazine Private Eye broke the news that the PM has a county court judgement (CCJ) against him for an unpaid debt of GBP535 from October 2020, which he still has not paid.
- The episode could feasibly result in bailiffs being called into 10 Downing Street, given reclaiming a debt in this manner is legal after the issuance of a CCJ. A CCJ is not usually issued unless considerable work has gone into reclaiming the debt on behalf of the party owed payment.
- The judgement, from 26 October 2020, came around the same time that news first emerged regarding the financial issues facing the PM in the rumoured GBP200k refurbishment of the flat he shares with fiancee Carrie Symonds above No. 11 Downing Street.
- The ruling will not affect his position as PM or force his resignation, but could lead to renewed attacks on his redecoration of the No.11 flat and how the funds for the redecoration were obtained.
Record of CCJ Against PM Johnson
Source: England and Wales County Court Judgements
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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