Published: Thu, July 18, 2019
Markets | By Erika Turner

This is when the new United Kingdom prime minister will be announced

This is when the new United Kingdom prime minister will be announced

In the leadership race three years ago, Mr Gove withdrew his backing for Mr Johnson, saying he lacked the ability to "provide the leadership or build the team for the task ahead", and chose to run.

But now, with Mr Johnson's bullish refusal of the whole concept, there isn't really anywhere to go.

A source close to the campaign said the team was "discussing everything as an option", but Mr Johnson wanted to secure a deal with Brussels and avoid a no-deal exit.

Ursula von der Leyen, who is set to take over the European Commission, has said in a letter that she is willing to extend Brexit talks beyond October 31, when the next deadline falls, "if good reasons are provided".

The quicker Britain can reach a post-Brexit trade deal with the United States the better but there are a lot of issues in the way of doing so, British trade minister Liam Fox said on Tuesday.

The reports came after Mr Johnson's campaign aides moved to play down claims that they are considering plans to prorogue Parliament in late October - a move which could prevent MPs stopping a no-deal Brexit.

Britain's new prime minister is expected to be confirmed by Queen Elizabeth II the following day.

Johnson, likely to be announced as the victor of the Conservative Party leadership race next Tuesday, and therefore the next prime minister, has said he wants to secure a withdrawal deal with the European Union but is prepared to leave without one if necessary.

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British Prime Minister Theresa May on Wednesday criticized the increasing intolerance and absolutism of world politics, a message that many will see as aimed at her successor as Britain's leader - and at President Donald Trump. "They can't be concerned for the sovereignty of Parliament except when it is inconvenient to Mr Johnson".

Both contenders last night ruled out reforms to the Irish border backstop to revive Theresa May's thrice-rejected withdrawal deal.

A Cabinet minister told the Standard that any prime minister who embarked on no deal would be beaten by a massive Tory revolt.

"Were I to be prime minister now, would I be supporting military action against Iran?"

"The problem was that when it came time for parliament to ratify the deal, our politics retreated back into its binary pre-referendum positions - a victor takes all approach to leaving or remaining".

"I was surprised by what they both said and I think their views will collide with the reality when whichever one wins, starts negotiating and starts dealing with a Parliament which may be more hard than they think to engage with".

There are also other issues in the way of reaching a deal, he said.

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