Boris Johnson UK Prime Minister Resigns
Boris Johnson, the UK Prime Minister, announced his resignation on Thursday, 7th July 2022. He will be stepping aside once a successor is declared. His resignation came after a series of his cabinet members quit. This became inevitable due to being enmeshed in scandals and his loss of credibility to improve the economy. The cost of living has shot up with inflation rising as high as 9.1% in May 2022 compared to the inflation target of 2%. The inflation rate is expected to rise further, thereby causing more erosion of purchasing power. The war in Ukraine is partly responsible for a sharp rise in energy prices. Producers are passing the costs to the consumers by raising the prices of goods and services in the economy. This has made Johnson's popularity to wane among the British people as many are still grappling with the aftermath of the COVID-19 pandemic.
The latest scandal led to the loss of support of many of his ministers and Conservative Party lawmakers. He had appointed Chris Pincher the Conservative Deputy Chief while he was aware of Pincher's alleged sexual misconduct in the past. Pincher was alleged to have groped two men a week ago. The Chancellor of the Exchequer, Rishi Sunak, and the health secretary, Sajid Javid, also resigned their appointments.
Johnson replaced Theresa May in July 2019. He is credited with completing the process of withdrawing Britain from the European Union known as Brexit. His government has faced difficult times managing the economy to the satisfaction of the populace owing to the COVID-19 pandemic and the Russian-Ukraine War. But a series of scandals made many of his supporters and party members break ranks with him. He, however, decided to appoint some cabinet members to prevent a vacuum before another person is appointed to replace him.