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Free AccessPM Johnson Set To Make Major 'Levelling Up' Strategy Speech At 1115BST
UK Prime Minister Boris Johnson is due to make what is being billed as a major speech on his gov'ts strategic vision for 'levelling up' deprived areas of the country amidst concern from backbench Conservative MPs based in the wealthy south that the gov'ts plans could risk their seats.
- Speech due to take place at around 1115BST (0615ET, 1215CET).
- The speech is not due to be a detailed plan of how the gov't intends to level up, so no figures or spending plans included. These are set to come later in the year as part of a white paper due later in the year.
- Nevertheless, some real substance will be expected after a bruising week for the PM. Johnson will take questions from the media after the event, which could shed more light on his plans.
- Many Conservative MPs in the south east of England (the wealthiest region of the UK outside of London) are likely to be concerned about the safety of their seats following the Chesham and Amersham by-election in June, when the Conservatives had a 16k vote majority overturned to an 8k Liberal Democrat win. The seat is one that was previously 'safely' Conservative, with reports from the area putting some of the blame on gov't planning proposals and Johnson's own leadership as reasons for switching parties.
- Without reassuring his MPs in the south, Johnson may find it more difficult to get his levelling up agenda implemented in the north of England.
To read the full story
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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.