UK's PM Boris Johnson Was Forced To Resign - What's Your Opinion?
British Prime Minister Boris Johnson has resigned as leader of the Conservative Party under heavy pressure from lawmakers in his own party. He delivered his resignation statement on Thursday.
1. 70% people thinks Boris Johnson does badly as a PM
According to the latest poll from yougov:
2. Despite of Political Issue, UK Economy is Not Bad
After the news of Johnson's resignation, the British stock market moved higher during the day, closing with a 1.14% increase over the previous trading day.
Meanwhile, the GBP exchange rate was slightly higher on the day, with Pound to dollar exchange rate rose over 0.6%.
Although the politics future is uncertain, the economy in the UK is relatively strong during the pandemic.
The chart below shows the UK's GDP in the past 10 years (also the past 3 PMs).
UK's GDP in the past 10 years (from the World Bank data)
Bloomberg's analyst Marcus Ashworth said that:
The UK isn't actually in that horrible a shape, what with £400 billion ($480 billion) of pandemic stimulus in circulation. If the world tips into an energy shock recession, then this rainy, small crowded island nation ought to hold up better than most.
3. The Next PM Will be?
The final two candidates will be decided before the British Parliament begins its summer recess on the 21st July, and the final choice of Prime Minister will be decided in September.
Accrording to the data of yougov, Ben Wallace, the Defence Minister became favourite to replace Boris Johnson as next Prime Minister.
How do you feel about Boris Johnson's resignation?
Which British PM do you like most: David Cameron/ Theresa May/ Boris Johnson?
Share your thoughts in the comment section & win tiger coins!
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so far, I only have good impression on David Cameron.
need iron fist on policies and making the country great
No idea which PM is better since I never follow UK news much.
Maybe when I get into UK stock market I will know more, if tigerbrokers allows UK 🇬🇧 market trading [Sly].
Office of The Prime Minister requires a person to be of highest integrity and credibility. Unfortunately Boris Johnson failed as he has lost the trust and support of his colleagues in the Parliament by his inability to be truthful.
David Cameron and Theresa May were Boris Johnson's predecessors during pre Brexit. David Cameron caused much political instability by his Brexit referendum and resigned when 52% of Britons voted to leave the EU and 48% voted to stay. Theresa May resigned when she failed to get the Parliament to approve the Brexit terms 3 times.
None of the 3 prime ministers can match the calibre of Margaret Thatcher, the longest serving Prime Minister of UK. She was nicknamed the Iron Lady for her uncompromising politics and leadership style. She was voted the most competent prime minister of the past 30 years in a poll.
UK certainly needs a person of Margaret Thatcher's calibre to succeed Boris Johnson more than ever before.
@Mainstreet_Trades