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British Labour Party Considering No-confidence Vote

By Sara Patterson
Sara Patterson has a Master’s Degree in political science and enjoys analyzing both current events and the international markets to get a fuller perspective of the currency market. Before turning to financial writing, she taught English writing skills to high-school age students. Sara’s work has been published on various financial and Forex blogs.

British Labour PartyThe British Labour party is considering holding a no-confidence vote against the Prime Minister Boris Johnson.

The shadow home secretary Diane Abbott said that the Labour party could consider holding such a vote after the summer recess ends, however, couldn't confirm if it's happening.

“It’s above my pay grade to say when we’ll move the vote of no confidence,” she said, “But, who has confidence in Boris Johnson apart from the people around him? The more he announces these bogus unfunded announcements, I think the less confidence there will be in him in the general public. It’s above my pay grade. But it must be an option,” she added.

Regarding using such a measure to stop a no-deal Brexit, an option that is currently rejected by the elites in the British Parliament, Abbott confirmed that they could use it for that, but that they need to consult with other opposition parties first.

“Yes, it does. But one of the things we have to do is consult with other parties – it’s no good moving a vote of no confidence if the Lib Dems, for instance, are not going to vote for it,” she explained, “We are talking to all of the other parties in parliament and if we move for a vote of no confidence we’ll want to do it with confidence that we can win it,” she added.

Some speculate that if a no-confidence vote is successful Johnson would be able to delay his mandate and could set the next election until after October 31, which would mean that the United Kingdom would leave the European Union by default. Johnson promised his voters that the UK would leave the Union by that date with or without a deal, a position that is strongly rejected by the Tory Elite.

Sara Patterson
About Sara Patterson
Sara Patterson has a Master’s Degree in political science and enjoys analyzing both current events and the international markets to get a fuller perspective of the currency market. Before turning to financial writing, she taught English writing skills to high-school age students. Sara’s work has been published on various financial and Forex blogs.
 

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