BoE faces bleak outlook as new prime minister appointed

Boris Johnson
Boris Johnson
Photo: EU2017EE Estonian Presidency

The Bank of England is facing the prospect of a slowing economy and intense pressure from Brexit, as the UK’s ruling Conservative Party today (July 23) chose a hard-Brexit supporter as prime minister.

In a ceremony in London this morning, the Conservative Party revealed that Boris Johnson would become the party’s new leader and therefore the UK’s next prime minister. He was widely seen as the frontrunner for the role.

Despite the BoE and several other economic organisations warning of the

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: