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
The exit of as many as 1,600 advisers as a result of the education requirements will fundamentally redefine adviser capacity, Padua Wealth Data says, and leave clients facing longer turnaround times and reduced access to advice.
WT Financial managing director Keith Cullen has become the latest advice licensee to describe how artificial intelligence is transforming its business as well as plans for two further Hubcos.
ASIC has temporarily suspended the AFSL of a Newcastle-based advice firm after discovering it had unknowingly provided financial services for two years without a key person.
The Financial Advice Association Australia’s Advice Academy has formally launched, assisting Professional Year candidates and supervisors.

