Johnson Keeps Option of Suspending Parliament for No-Deal Brexit

  • Conservative Party leadership candidate Boris Johnson has kept open the option of suspending or proroguing, the U.K.’s Parliament in order to force through a no-deal Brexit.
  • The move would be highly controversial but Johnson says it would be “absolute folly” to tell the European Union that no-deal is completely off the agenda.
  • The woman he’s attempting to replace, Theresa May, has warned she may well vote to stop a hard Brexit scenario, so the opposition to such a move is strong.
  • All this in the face of slumping consumer confidence in Britain.

 (Source: Bloomberg)