Brown to quit as Labour chases Lib Dem deal

clock

Gordon Brown is to step down as Prime Minister in September and will ask the party to "set in train" a leadership contest to replace him.

The Prime Minister also revealed Liberal Democrat leader Nick Clegg wants to start discussions with Labour to try and form a coalition government. He said: "If it becomes clear the national interest w can best be served by forming a coalition between the Labour party and the Liberal Democrats then I believe I should discharge that duty to form that government which would in my view command a majority in the House of Commons in the Queen's speech and any other confidence vote." The Prime Minister said in a statement he had "no desire to stay in my position longer than is needed to ensu...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Creating a culture of belonging for LGBTQ+ professionals

Creating a culture of belonging for LGBTQ+ professionals

'At LGBT Great, we've seen first-hand what's possible when firms commit to meaningful change'

Matt Cameron
clock 06 January 2025 • 3 min read
Businesses' tax concerns reach highest levels since 2017

Businesses' tax concerns reach highest levels since 2017

National insurance hike outlined in Budget 'particularly damaging'

Eve Maddock-Jones
clock 06 January 2025 • 3 min read
Andrew Goodwin: Why 2024 served up a familiar investment lesson

Andrew Goodwin: Why 2024 served up a familiar investment lesson

Further twists and turns no doubt await in 2025

Andrew Goodwin
clock 03 January 2025 • 4 min read