Britain's government on Monday dismissed opposition suggestions that Prime ...
LONDON - Britain’s government on Monday dismissed opposition suggestions that Prime Minister Boris Johnson faces a financial conflict of interest over Brexit after receiving donations from fund managers who may be betting on a fall in the pound.
John McDonnell, the opposition Labour Party’s finance spokesman, asked the government on Monday to respond to the comments by Hammond, who was kicked out of the Conservative parliamentary party this month over Brexit disagreements.“We do not accept that there is any prospect of a conflict of interest,” Clarke told McDonnell in parliament.
A number of hedge fund managers were among the donors who poured hundreds of thousands of pounds into Johnson’s campaign to become prime minister in July. This total is down from a two-year high of $7.8 billion in late August and an all-time peak of $9.6 billion in June 2015.
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