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Boris Johnson expected to stand in contest to replace UK PM Truss – Times

Published by Uma Rajagopal

Posted on October 21, 2022

1 min read

· Last updated: February 3, 2026

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Boris Johnson speaking at Downing Street regarding UK PM leadership contest - Global Banking & Finance Review
This image shows Boris Johnson delivering a speech at Downing Street. It relates to the article discussing his anticipated candidacy in the Conservative Party leadership contest to replace Liz Truss, following her resignation.
Brexit UK economy financial crisis financial markets
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LONDON (Reuters) – Former British prime minister Boris Johnson is expected to stand in the Conservative Party leadership contest to replace Liz Truss, who said earlier on Thursday she would resign, the Times reported. “He’s taking soundings but is said to believe it is a matter of national interest,” Times Political Editor Steven Swinford said […]

LONDON (Reuters) – Former British prime minister Boris Johnson is expected to stand in the Conservative Party leadership contest to replace Liz Truss, who said earlier on Thursday she would resign, the Times reported.

“He’s taking soundings but is said to believe it is a matter of national interest,” Times Political Editor Steven Swinford said on Twitter.

(Reporting by William James, Editing by Kylie MacLellan)

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What is Brexit?
Brexit refers to the United Kingdom's decision to leave the European Union, which was officially enacted following a referendum held in June 2016. It has significant implications for trade, immigration, and economic policies.
What is the UK economy?
The UK economy encompasses the economic activities and financial systems of the United Kingdom, including production, consumption, and trade. It is one of the largest economies in the world, heavily influenced by services and finance.
What is a financial crisis?
A financial crisis is a situation in which the value of financial institutions or assets drops significantly, leading to a loss of confidence and potentially resulting in widespread economic disruption.
What are financial markets?
Financial markets are platforms where buyers and sellers engage in the trade of assets such as stocks, bonds, currencies, and derivatives. They play a crucial role in the allocation of resources and risk management.

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