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MNI POLITICAL RISK ANALYSIS-UK PM Faces Imminent Ouster

Executive Summary:

  • UK Prime Minister Boris Johnson looks likely to be forced to announce his resignation or face another vote of confidence in the very short term as criticism grows surrounding his handling of a number of scandals.
  • Members of the government continue to hand in their resignations while a growing number of Conservative MPs have made public pronouncements of their lack of confidence in Johnson’s continued leadership.
  • At the time of writing a total of 27 individuals on the government payroll have resigned, a trend started on the evening of 5 June with the resignations of Chancellor of the Exchequer Rishi Sunak and Health Secretary Sajid Javid.
Full article attached below:

MNI POLITICAL RISK ANALYSIS-UK PM Faces Ouster, No Clear Frontrunner To Replace Him.pdf

Chart 1. Betting Market Implied Probability, When Will Johnson Leave Office (by Quarter), %

Source: Smarkets

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