Johnson’s ego threatening Brexit
UK Prime Minister Boris Johnson “must put his ego aside” for the sake of Britain’s economic growth, according to deVere Group chief executive Nigel Green, as more MPs resign from the Conservative party over Brexit.
Following his Commons defeat last week, Johnson saw several MPs including Speaker John Bercow and former Home Secretary Amber Rudd resign.
However, Parliament was due to be suspended from today until 14 October, meaning no more debates could be held and Johnson was still hopeful he could force through a no-deal Brexit with the UK leaving the European Union on 31 October.
This week, Johnson met with Irish leader Leo Varadkar to try to reach a deal on the Irish backstop issue, one of the most problematic Brexit issues concerning the border between the Republic of Ireland and Northern Ireland.
Green said: “It is critical that Boris Johnson now puts his ego aside to break the Brexit deadlock for the sake of Britain’s long-term sustainable economic growth.
“Johnson needs to stop wasting time, stop his bully boy tactics, and start with real diplomacy to get negotiations reopened.
“[He] must get on with seeking a deal that gets through parliament. A failure to do so will hamper the UK’s long-term sustainable economic growth.”
He said Johnson also had the benefit of a weaker German economy in his favour as they would be reluctant for a no-deal to happen.
Recommended for you
Compared to four years ago when the divide between boutique and large licensees were largely equal, adviser movements have seen this trend shift in light of new licensees commencing.
As ongoing market uncertainty sees advisers look beyond traditional equity exposure, Fidante has found adviser interest in small caps and emerging markets for portfolio returns has almost doubled since April.
CoreData has shared the top areas of demand for cryptocurrency advice but finds investors are seeking advisers who actively invest in the asset themselves.
With regulators ‘raising the bar’ on retirement planning, Lonsec Research and Ratings has urged advisers to place greater focus on sequencing and longevity risk as they navigate clients through the shifting landscape.

