Berliner Boersenzeitung - UK's PM looks to reset leadership after confidence vote

EUR -
AED 3.984481
AFN 76.647787
ALL 100.147252
AMD 420.804469
ANG 1.954129
AOA 946.634516
ARS 1004.781094
AUD 1.640031
AWG 1.95535
AZN 1.847045
BAM 1.952432
BBD 2.189224
BDT 127.400242
BGN 1.954449
BHD 0.408884
BIF 3123.212634
BMD 1.084799
BND 1.458784
BOB 7.492077
BRL 6.046453
BSD 1.08433
BTN 90.766732
BWP 14.731589
BYN 3.548379
BYR 21262.056149
BZD 2.18563
CAD 1.493849
CDF 3071.065425
CHF 0.967533
CLF 0.037148
CLP 1025.123957
CNY 7.891474
CNH 7.908129
COP 4340.247387
CRC 574.409176
CUC 1.084799
CUP 28.747168
CVE 110.075127
CZK 25.411628
DJF 193.086936
DKK 7.46091
DOP 64.219225
DZD 146.325236
EGP 52.461412
ERN 16.271982
ETB 62.673392
FJD 2.440526
FKP 0.835903
GBP 0.840334
GEL 2.94526
GGP 0.835903
GHS 16.730141
GIP 0.835903
GMD 73.522263
GNF 9343.882328
GTQ 8.410492
GYD 226.848699
HKD 8.470028
HNL 26.850684
HRK 7.493736
HTG 143.123121
HUF 390.550892
IDR 17600.860256
ILS 3.931267
IMP 0.835903
INR 90.790987
IQD 1420.449804
IRR 45661.931677
ISK 149.701656
JEP 0.835903
JMD 169.377833
JOD 0.768687
JPY 169.249189
KES 143.733076
KGS 91.520895
KHR 4454.316554
KMF 491.142751
KPW 976.319284
KRW 1503.579939
KWD 0.33171
KYD 0.903541
KZT 513.793735
LAK 24021.564152
LBP 97097.212767
LKR 329.411783
LRD 211.435286
LSL 19.90237
LTL 3.203129
LVL 0.656184
LYD 5.24096
MAD 10.684071
MDL 19.234821
MGA 4918.515837
MKD 61.503909
MMK 3523.384132
MNT 3742.556177
MOP 8.719759
MRU 42.889019
MUR 50.519024
MVR 16.651883
MWK 1880.156835
MXN 19.61512
MYR 5.068197
MZN 69.318632
NAD 19.90237
NGN 1743.272025
NIO 39.911156
NOK 11.986322
NPR 145.226492
NZD 1.822043
OMR 0.417604
PAB 1.08423
PEN 4.074272
PGK 4.248671
PHP 63.455846
PKR 301.863502
PLN 4.279987
PYG 8204.8471
QAR 3.951684
RON 4.972607
RSD 117.071663
RUB 94.561266
RWF 1420.250148
SAR 4.06922
SBD 9.174799
SCR 14.74867
SDG 635.69193
SEK 11.687302
SGD 1.460188
SHP 0.835903
SLE 24.784726
SLL 22747.692057
SOS 619.631171
SRD 31.807347
STD 22453.14461
SVC 9.487634
SYP 2725.589887
SZL 19.898676
THB 39.237187
TJS 11.547581
TMT 3.807644
TND 3.370286
TOP 2.573848
TRY 35.609421
TTD 7.360304
TWD 35.577055
TZS 2912.684789
UAH 44.741723
UGX 4008.086277
USD 1.084799
UYU 43.884302
UZS 13654.446847
VEF 3929740.581046
VES 39.583962
VND 27515.921133
VUV 128.789522
WST 3.041351
XAF 654.827459
XAG 0.037398
XAU 0.000451
XCD 2.931723
XDR 0.817789
XOF 654.827459
XPF 119.331742
YER 271.578928
ZAR 19.9627
ZMK 9764.493785
ZMW 28.109513
ZWL 349.304766
  • SCS

    0.0450

    13.905

    +0.32%

  • CMSC

    -0.0620

    24.208

    -0.26%

  • BCC

    0.1500

    134.11

    +0.11%

  • NGG

    0.0900

    62.18

    +0.14%

  • GSK

    -0.5400

    38.85

    -1.39%

  • BCE

    0.0000

    32.98

    0%

  • RIO

    -0.6100

    63.38

    -0.96%

  • JRI

    0.0500

    12.58

    +0.4%

  • RYCEF

    0.2700

    5.92

    +4.56%

  • BTI

    -0.1350

    33.385

    -0.4%

  • RBGPF

    -0.4900

    56.41

    -0.87%

  • CMSD

    -0.1300

    24.36

    -0.53%

  • AZN

    -0.2420

    78.918

    -0.31%

  • RELX

    -0.2800

    45.42

    -0.62%

  • BP

    -0.4400

    34.89

    -1.26%

  • VOD

    -0.0040

    9.066

    -0.04%

UK's PM looks to reset leadership after confidence vote
UK's PM looks to reset leadership after confidence vote / Photo: Niklas HALLE'N - AFP/File

UK's PM looks to reset leadership after confidence vote

Prime Minister Boris Johnson will on Thursday outline plans to tackle Britain's cost-of-living crisis, as he seeks to move on from a damaging series of scandals and a confidence vote called by his own MPs.

Text size:

Johnson won the vote but with 40 percent of his own side refusing to back him, he was likened to a "Monty Python" character who refuses to admit he is mortally wounded following another harrowing week.

The Conservative leader on Wednesday faced parliament for the first time since surviving the vote, which commentators said had left his scandal-tainted premiership still in peril.

Backers in the House of Commons staged a noisy show of support at his weekly question-and-answer session. But Tory rebels sitting behind looked glum and laughed along with opposition jibes.

Johnson has called his 211-148 victory "decisive" and wants to move on from repeated calls for him to resign over the "Partygate" scandal about lockdown-breaching parties in Downing Street.

"As for jobs, I'm going to get on with mine," he reiterated in the Commons, after defending his government's record on employment, health and Ukraine.

Part of the reset includes a speech in northwest England on Thursday to "set out a clear vision to continue to tackle the rising cost of living", his Downing Street office said.

"We have the tools we need to get on top of rising prices. The global headwinds are strong. But our engines are stronger," he will say.

"And, while it's not going to be quick or easy, you can be confident that things will get better, that we will emerge from this a strong country with a healthy economy."

- Policy rollout -

Johnson faced repeated taunts on Wednesday about Monday's vote, including comparisons to Monty Python's "Black Knight" character, who declares "it's just a flesh wound" when he has his arms and legs chopped off in a duel.

"No amount of delusion and denial will save the prime minister from the truth: this story won't go away until he goes away," said the Scottish National Party's Westminster leader Ian Blackford.

Johnson's Tory opponents fear that public disgust over "Partygate" is crippling their party's electoral chances.

Some want a return to "Conservative values" including lower taxes after the Covid-19 pandemic.

Downing Street has set the stage for a policy blitz in the coming days, including on Britain's skewed property market, where sky-high prices have deprived younger people of the hope of home ownership.

Rising rental prices are compounding the misery of the worst cost-of-living crisis in generations, with inflation at a 40-year high of nine percent.

Britain's newspapers honed in on the rising prices -- and the government's pledge to tackle them -- on Thursday, with the Guardian, Daily Telegraph, and Daily Mirror featuring front-page stories on the surge in fuel costs.

The conservative Daily Mail hailed Downing Street's plans, declaring that "emboldened Boris Johnson will cut bills left, right and centre in his most radical move yet to ease the cost-of-living crisis".

- 'Vulnerability' -

The Organisation for Economic Co-operation and Development (OECD) warned Wednesday that Britain must cut taxes or raise spending as it forecast the country would have the weakest economic growth in the developed world next year.

"I would like to see cuts where they're possible," Health Secretary Sajid Javid, a former finance minister, told BBC television earlier Wednesday.

How much Johnson can secure in parliament, however, is unclear given the size of Monday's revolt, which has likely cut his working majority.

"I think there's very little doubt that the vulnerability of the prime minister is going to be the single greatest factor shaping what this government does for the foreseeable future," King's College London politics professor Anand Menon told AFP.

- 'Last chance' -

Johnson's enemies on his own side still appear to be manoeuvring, with reports he faces a "war of attrition" and "vote strikes" to paralyse the government's legislative agenda.

Such "vote strikes" hurt Theresa May's three-year stint in Downing Street, before she was brought down in 2019 by Johnson and his allies over how to execute Britain's departure from the European Union.

The Conservatives are braced for two parliamentary by-elections this month, and an upcoming investigation by MPs into whether Johnson lied to parliament over Partygate.

"Johnson achieved a remarkable election victory in 2019. But he has let things slide since then," former cabinet member David Davis, who voted against him Monday, wrote in The Times.

"His victory in (Monday's) vote provides his last chance to get his act together."

(B.Hartmann--BBZ)