Pound is waiting for the new British Prime Minister. Who will replace Theresa May?
June 7, 2019 5:21 pm
Two weeks have passed since British Prime Minister Theresa May announced her intention to resign. Today, she officially leaves the post of Chairman of the ruling Conservative Party in the country but will continue to serve as head of the Cabinet until her successor is determined.
The election of a new Tory leader will be held in several stages. From June 13 to 20, conservative deputies must determine the two finalists, after which their fate will be decided by all party members.
The vacant place is now claimed by 11 people.
One of the favorites of the race – the former Foreign Minister of the United Kingdom Boris Johnson, who warns about leaving the European Union, if Brussels refuses to negotiate. According to the latest polls, he can get more than 40% of the votes of the same party. However, as the experience of previous internal elections shows, those who are at the top of the list do not always win.
On the heels of B. Johnson comes former Brexit Minister Dominique Raab, who is confident that the “hard” Brexit is better than a bad deal. He is followed by acting Minister of the Environment Michael Gove. It is known that on the eve of the referendum in 2016 on the membership of Albion in the EU, he campaigned for withdrawal from the Alliance, arguing that such a step will allow the country to become a beacon of progress for the whole world.
Closes this four is Jeremy Hunt, head of the British Foreign Ministry. According to experts, J. Hunt has a serious chance to take the post of Prime Minister, because he is less controversial figure than B. Johnson, and may well unite the conservatives.
“I have a plan to implement Brexit. I am sure that we will be able to reach an agreement, finding the right approach to negotiations with the EU, and conclude a deal before the end of October,” J. Hunt said.
It is expected that the name of the new Tory leader will be known on the 20th of July.
It is assumed that the pound is waiting for a few difficult weeks, during which the “hard” Brexit scenario will be taken into account in the quotes.
According to experts at Aberdeen Standard Investments, the probability of disordered exit of the United Kingdom from the EU is now 60% compared to 25%, recorded before the moment it became known about the resignation of T. May.
Some analysts believe that whoever replaced T. May, with the current composition of the British Parliament, it will be difficult for the new Prime Minister to get support for any decision, and, most likely, Foggy Albion expects new parliamentary elections under the sign of Brexit.
The material has been provided by InstaForex Company – www.instaforex.com
Two weeks have passed since British Prime Minister Theresa May announced her intention to resign. Today, she officially leaves the post of Chairman of the ruling Conservative Party in the country but will continue to serve as head of the Cabinet until her successor is determined.
The election of a new Tory leader will be held in several stages. From June 13 to 20, conservative deputies must determine the two finalists, after which their fate will be decided by all party members.
The vacant place is now claimed by 11 people.
One of the favorites of the race – the former Foreign Minister of the United Kingdom Boris Johnson, who warns about leaving the European Union, if Brussels refuses to negotiate. According to the latest polls, he can get more than 40% of the votes of the same party. However, as the experience of previous internal elections shows, those who are at the top of the list do not always win.
On the heels of B. Johnson comes former Brexit Minister Dominique Raab, who is confident that the “hard” Brexit is better than a bad deal. He is followed by acting Minister of the Environment Michael Gove. It is known that on the eve of the referendum in 2016 on the membership of Albion in the EU, he campaigned for withdrawal from the Alliance, arguing that such a step will allow the country to become a beacon of progress for the whole world.
Closes this four is Jeremy Hunt, head of the British Foreign Ministry. According to experts, J. Hunt has a serious chance to take the post of Prime Minister, because he is less controversial figure than B. Johnson, and may well unite the conservatives.
“I have a plan to implement Brexit. I am sure that we will be able to reach an agreement, finding the right approach to negotiations with the EU, and conclude a deal before the end of October,” J. Hunt said.
It is expected that the name of the new Tory leader will be known on the 20th of July.
It is assumed that the pound is waiting for a few difficult weeks, during which the “hard” Brexit scenario will be taken into account in the quotes.
According to experts at Aberdeen Standard Investments, the probability of disordered exit of the United Kingdom from the EU is now 60% compared to 25%, recorded before the moment it became known about the resignation of T. May.
Some analysts believe that whoever replaced T. May, with the current composition of the British Parliament, it will be difficult for the new Prime Minister to get support for any decision, and, most likely, Foggy Albion expects new parliamentary elections under the sign of Brexit.
The material has been provided by InstaForex Company – www.instaforex.com
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