At least 145 UK conservative lawmakers publicly back Boris Johnson as the confidence vote begins By ross_burland UnitedKingdom GBPUSD
Britain’s prime minister, beset by a scandal over lockdown parties, faces a decisive vote on Monday evening London time.
After some distraction with the Ukraine way and a distraction from UK politics, the claims that Mr Johnson misled Parliament about lockdown-breaking parties held at Downing Street at the height of a coronavirus pandemic have resurfaced again. Tory MPs have two hours to cast their votes in Parliament, and the result will be announced an hour after that, at 9 p.m. local time. This is unsettling for UK markets and the British pound which is sinking vs. the US dollar and could turn out to be fragile vs. the euro depending on the outcome. Information on these pages contains forward-looking statements that involve risks and uncertainties.