News

Tory whip Lord Young, Scottish Tory leader Davidson quit over PM Johnson’s prorogue stance

According to ITV news, Lord George Young has resigned as Conservative Party whip in the House of Lords over Boris Johnson’s decision to prorogue the parliament.

In his letter he wrote: ‘As a former leader of the House of Commons in the Coalition Government who restored to the Commons some of the powers it had lost to the Executive, I am very unhappy at the timing and length of the prorogation, and its motivation.”

‘I am not part of any Remainer plot, nor have I spoken to anyone about my decision to resign, which is purely a personal one,’ he added.

Also, Scotland’s Tory Leader Davison said that he has resigned from his position. However, he said that he will continue to support the Prime Minister.

So far, these negative developments seem to have not affected GBP/USD's recovery attempt, as it continues to waver around 1.2190 levels.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.