Boris Johnson Wins Tory Leadership

July 23, 2019 | Nicole Johnson-Barnes, CFA, Senior Research Analyst, Global Equities

It’s official. At approximately 12:05 p.m. BST and after a six-week political race, the front-runner, Boris Johnson, won the Conservative Party contest to be the next Tory leader and succeed Theresa May as British prime minister. With the promise of delivering Brexit by October 31^st, “come what may,” Johnson trounced his opponent, U.K. Foreign Secretary Jeremy Hunt, garnering more than 66% of the roughly 160,000 votes.

This newsletter outlines the potential effects of Boris Johnson’s election, including Brexit fears, market reaction, and its impact on the U.K. government and economy.

Read > Boris Johnson Wins Tory Leadership

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