NEWS

Downing Street in London

Boris Johnson to resign as UK PM

Boris Johnson will announce his resignation as British Prime Minister on Thursday, a government source said, after he was abandoned by ministers and his Conservative Party's lawmakers who said he was no longer fit to govern.
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A man shelters under an umbrella as he walks past the London Stock Exchange

UK Markets Brace For Prolonged Political Uncertainty

British markets braced for more political uncertainty on Wednesday, with investors keen to see if the new finance minister loosens the purse strings and wondering whether Prime Minister Boris Johnson will survive an exodus of support.