UK: Conservative politician Gareth Johnson resigns over Brexit deal

Eren Sengezer FXStreet

Gareth Alan Johnson, a British Conservative Party politician and a Minister in the Government Whips' Office, recently announced his resignation in a letter addressed to British Prime Minister Theresa May.

"I cannot, in all conscience, support the Government's position when it is clear this deal (Brexit) would be detrimental to our nation's interests," Johnson said. "The ' back stop ', contained in the agreement, gives our country no clear, unilateral path out of the European Union and ensures we will be fettered in our ability to negotiate trade deals with other nations in the future."

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Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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