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June 14, 2019

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Boris takes lead in race for the Tory leadership

Boris Johnson surged closer to power yesterday, winning the most support from Conservative lawmakers in the first round of the contest to replace British Prime Minister Theresa May.

Three years since voting 52 percent versus 48 percent to leave the European Union, the United Kingdom is heading toward a possible crisis over Brexit as most of the candidates vying to succeed May are prepared to leave on October 31 without a deal.

While parliament has indicated it will try to stop a no-deal Brexit, which investors warn would hurt financial markets and the world economy, some of those running say it may be the only way for Britain to leave the bloc without further delay.

Johnson, the face of the official campaign to leave the European Union in the 2016 referendum, won the support of 114 Conservative lawmakers in the first round of the contest to replace May. A total of 313 lawmakers voted.

“Thank you to my friends and colleagues in the Conservative & Unionist Party for your support. I am delighted to win the first ballot, but we have a long way to go,” Johnson said on Twitter.

His closest rivals were Jeremy Hunt, who won 43 votes, Michael Gove, with 37 votes, and Dominic Raab, on 27 votes. Sajid Javid came fifth with 23 votes. Matt Hancock won 20 votes and Rory Stewart 19. Three were knocked out: Andrea Leadsom, Mark Harper and Esther McVey.

Betting markets give Johnson a 70 percent probability of winning the top job.

Johnson, former London mayor and foreign minister, has spent weeks wooing Conservative lawmakers, staying out of the spotlight with a low-key campaign at odds with his flamboyant publicity stunts of the past.

The second round is due on June 18 with further ballots planned for June 19 and June 20 until there are just two candidates. A postal ballot of the wider Conservative Party membership will then be held to pick a leader.

A new prime minister should be chosen by the end of July.

Johnson kicked off his official campaign on Wednesday with a pledge to lead Britain out of the European Union on October 31 and a warning to his divided Conservative Party that “delay means defeat.”




 

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