Boris Johnson, an odious British politician and one of the frontrunners to be the UK next prime minister, skilfully exploits the situation of lingering Brexit. Not only all participants of the deal are largely fed up with an ongoing exit of the United Kingdom from the EU, but also outside observers.
So far, the Brexit process had been stuck for many times, and no one had managed to find a way out. Theresa May, the former UK Prime Minister, even lost her position over the disagreements with the Parliament regarding this issue. Now the candidates for Prime Minister’s post promise to take actions and decide how exactly London will solve the question with Brussels.
Boris Johnson also actively participates in Brexit talks. He promises not to pay the divorce bill so easily. As a matter of fact, the latest estimate for the size of the UK’s divorce bill with the EU is 50 billion dollars, a quite large amount even for Britain. Johnson insists that Brussels will get no compensation until London is offered a new completely satisfying agreement on withdrawal from the European Union.
The former Prime Minister said that it always seemed to be weird to pay the whole bill until the deal was concluded. He was a hard Brexetier while working at the Ministry of Foreign Affairs. Boris Johnson resigned as he could not agree with May’s approach to Brexit.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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