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Tag: Conservative Party

Analysis: Sterling returns to the 1980s, and it may get cheaper still

Sterling’s slide against the dollar to a rate last seen in 1985 has sparked talk of a dramatic spiral downwards that ends in a collapse in confidence in British assets and a balance of payments crisis.

Scandal-ridden Boris Johnson to quit as UK prime minister

Boris Johnson will announce his resignation as British prime minister on Thursday after he was abandoned by ministers and his Conservative Party’s lawmakers who said he was no longer fit to govern.

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