Boris Johnson has been announced as the new leader of the Conservative Party and is set to succeed Theresa May as the next Prime Minister of the UK.
The results of the ballot of around 160,000 Conservative party members, of which 87.4% voted, were revealed at midday on Tuesday (23 July), and Johnson officially takes the lead role on Wednesday after securing more than 92,000 votes. Johnson, formerly the mayor of London, emerged as a clear favourite in the contest, though many were not supportive of the nomination. Some have even vowed to resign if he wins the race, including Chancellor Philip Hammond. Meanwhile, May will chair her last cabinet meeting on Tuesday morning and will officially hand in her resignation to the Queen the ...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
