The political uncertainty that arose because of British Prime Minister Boris Johnson could lead to an economic recession in the country. This opinion was expressed by the head of the Confederation of British Industry, Tony Dunker, in an interview with the BBC.
“We need <...> the Prime Minister [Борис Джонсон] and finance minister [Риши Сунак] involved the entire government in solving problems, chaired cabinet meetings together and quickly made important decisions without waiting for the approval of the draft budget,” he said.
According to him, this will avoid a recession in the country. He explained that it is necessary to take all measures that will increase business confidence in the future.
As noted by the British Minister for Northern Ireland Brandon Lewis, the authorities have a chance to achieve better economic growth.
Earlier, on June 7, Johnson called the results of the vote, as a result of which he will be able to retain the post of head of the government of the United Kingdom, “very good for politics and the country.”
He thanked fellow party members for their support, despite the large number of votes for a vote of no confidence.
On the eve of the representatives of the ruling Conservative Party in the UK failed to get enough votes to pass a vote of no confidence in the British Prime Minister. 211 conservatives voted in favor of the prime minister, 148 voted against.
At the same time, on June 6, a number of representatives of the British Conservative Party were dissatisfied with the results of voting on a vote of confidence in Prime Minister Boris Johnson, who, in their opinion, should have left his post.
Johnson has come under fire and is in danger of losing his post over a scandal surrounding parties at the government residence on Downing Street during a nationwide coronavirus lockdown.
In addition, the kingdom is experiencing a new round of economic crisis after the start of Russia’s special operation to protect Donbass and subsequent anti-Russian sanctions supported by London.
So, on May 24, the Russian ambassador in London, Andrei Kelin, said that the economic situation in the UK is now in a bad state, and pointed out that from time to time gas prices exceed their normal level by 10 times.
May 11 it was reported that in the UK continue to rise in energy and fuel prices, which is reflected in the cost of food. As a result, the cost of living crisis has matured in the country. As noted, every second family has to conserve gas and electricity, as well as use the car less often. According to experts, the situation will only get worse in the near future. By the end of the year, inflation could exceed 10%, so the British were called for even more savings.
Earlier, on May 9, Kate Anderson, chief executive of the British energy supply company Scottish Power, said that in the autumn the British annual electricity bills would increase to £ 2.9 thousand if wholesale gas prices continued to rise rapidly.