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

Dhwani Mehta FXStreet

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.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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