fxs_header_sponsor_anchor

News

UK: Conservative lawmaker Penrose resigns, intends to vote against PM Johnson

Conservative lawmaker and Britain's 'anti-corruption champion' John Penrose announced on Monday that he resigned from his role, as reported by Reuters.

"I’m sorry to have to resign as the PM’s Anti-Corruption Tsar but, after his reply last week about the Ministerial Code, it’s pretty clear he has broken it," Penrose stated on Twitter. "That’s a resigning matter for me, and it should be for the PM too."

Latest from lawmakers on the upcoming confidence vote

  • UK Foreign Minister Truss says she backs PM Johnson in the confidence vote.
  • UK Finance Minister Sunak says he backs PM Johnson in the confidence vote.
  • UK's Gove says he backs PM Johnson in the confidence vote.
  • Former UK Foreign Minister Jeremy Hunt says he will be voting for a change at the confidence vote in PM Johnson.

Market reaction

These headlines don't seem to be having a significant impact on the British pound's performance against its rivals. As of writing, the GBP/USD pair was up 0.5% on the day at 1.2550.

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 © 2026 FOREXSTREET S.L., All rights reserved.