UK finance minister to quit if Johnson becomes PM

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Philip Hammond says if Boris Johnson indeed becomes PM, he cannot work under him. PhilipHammond FMTnews

British Finance Minister Philip Hammond will tender his resignation before the current PM tenders her’s.

Johnson is widely expected to win the governing, centre-right Conservative Party’s leadership contest on Tuesday and be named as prime minister once Theresa May resigns the premiership on Wednesday. But the fact that the second-most senior figure in the government is making a point of resigning rather than wait to be moved on in the incoming prime minister’s reshuffle is a significant gesture – and an indicator of the opposition Johnson could face in pursuing his Brexit strategy.

“Assuming that Boris Johnson becomes the next prime minister, I understand that his conditions for serving in his government would include accepting a no-deal exit on the Oct 31.“It’s very important that the prime minister is able to have a chancellor who is closely aligned with him in terms of policy, and I therefore intend to resign to Theresa May before she goes to the palace to tender her own resignation on Wednesday.

 

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