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UK lawmaker Boris Johnson: We will leave EU on October 31 deal or no deal

While speaking at an economic conference in Switzerland, British lawmaker Boris Johnson, who is one of the likely candidates to replace Theresa May as the prime minister, said that they were at a very interesting point in the political history and added that the verdict of the people had been "lost and muddled" in the parliamentary process. Johnson further stated that they would leave the EU on October 31 whether or not they have a deal.

Key quotes (via Reuters)

  • It turned out to be quite a good day to be out of London.
  • Question is can the will of the people ultimately prevail? I think it can and must, otherwise there will be a very bad reaction.
  • Everybody in parliment voted to implement the result of the referendum, trigger Article 50.
  • I don't want or think no deal will be outcome.
  • You have to be prepared to walk away from table to get good deal, to get this thing done you have to be prepared to walk away with no deal.

Author

Eren Sengezer

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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