Johnson’s ego threatening Brexit



UK Prime Minister Boris Johnson “must put his ego aside” for the sake of Britain’s economic growth, according to deVere Group chief executive Nigel Green, as more MPs resign from the Conservative party over Brexit.
Following his Commons defeat last week, Johnson saw several MPs including Speaker John Bercow and former Home Secretary Amber Rudd resign.
However, Parliament was due to be suspended from today until 14 October, meaning no more debates could be held and Johnson was still hopeful he could force through a no-deal Brexit with the UK leaving the European Union on 31 October.
This week, Johnson met with Irish leader Leo Varadkar to try to reach a deal on the Irish backstop issue, one of the most problematic Brexit issues concerning the border between the Republic of Ireland and Northern Ireland.
Green said: “It is critical that Boris Johnson now puts his ego aside to break the Brexit deadlock for the sake of Britain’s long-term sustainable economic growth.
“Johnson needs to stop wasting time, stop his bully boy tactics, and start with real diplomacy to get negotiations reopened.
“[He] must get on with seeking a deal that gets through parliament. A failure to do so will hamper the UK’s long-term sustainable economic growth.”
He said Johnson also had the benefit of a weaker German economy in his favour as they would be reluctant for a no-deal to happen.
Recommended for you
With a large group of advisers expecting to exit before the 2026 education deadline, an industry expert shares how these practices can best prepare themselves for sale to compete in a “buyer’s market”.
Australia has marked a decade among the best countries for retirement, according to Natixis, but with high inflation threatening their retirement goals, a third say they would get professional advice to improve their chances.
When it comes to the risks of acting as a responsible manager at an AFSL, compliance firm Holley Nethercote has shared a range of red flags that could see them facing disciplinary action from the corporate regulator.
Wealth management platform provider Netwealth has announced a partnership with FinClear to streamline trading capabilities for advisers.