HomeNewsNewsWounded PM leaves UK economy in painful limbo

Wounded PM leaves UK economy in painful limbo

British Prime Minister Boris Johnson looks on as he addresses his cabinet ahead of the weekly cabinet meeting in Downing Street, London, Britain June 7, 2022. Leon Neal/Pool via REUTERS

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LONDON, June 7 (Reuters Breakingviews) – Britain’s ruling Conservative party has thrown the country into a painful limbo. Tory lawmakers on Monday evening narrowly declared their support for Boris Johnson, leaving the prime minister in office but seriously wounding him in the process. His fragile position, and probable attempts to win back public support, only deepen the economic uncertainty facing the United Kingdom.

Johnson has vowed to carry on even though 41% of Conservative parliamentarians voted to oust him – a higher proportion than opposed his predecessor Theresa May in 2018. The scale of internal disapproval means he remains vulnerable, especially if a parliamentary committee…

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