Boris Johnson ‘quit PM race over risk to £10m earnings’, sources say

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If the ex-PM had lost the leadership contest, his value stood to drop by half, according to the entertainment industry

Boris Johnson would have forfeited earnings of at least £10m a year from speeches and sales of his memoirs if he had fought a leadership battle against Rishi Sunak and lost, according to informed sources in the entertainment industry, who believe financial considerations played a part in his decision to pull out.

“There were a lot of people upset with Boris,” one senior Tory figure said. “They’d backed him publicly only to see him pull out at the last minute. They didn’t understand why.” In it Johnson said he had “sadly come to the conclusion that this would simply not be the right thing to do. You can’t govern effectively unless you have a united party in parliament.”

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Withdrew because of heavy monetary losses? I think not, last words 'hasta la vista', indicating he wanted stability (IMHO). What a diabolical embarrassment for UK politics, having Truss resign so early, then a self-parading newt take over.

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