JPMorgan: Boris Johnson likely to resign if all options exhausted

JPMorgan: Boris Johnson likely to resign if all options exhausted
# 10 September 2019 13:47 (UTC +04:00)

According to the head of UK economics at JPMorgan, Malcolm Barr, British PM Boris Johnson is likely to leave office amid the Brexit stall, APA reports citing Sputnik.

"The only options we regard as ultimately viable are for the PM to present a deal to the [House of] Commons and secure approval for it, resign and let someone else make the extension request as PM, or back away from his stated position", Barr said in a note. "At this point, our view is that resignation is the most likely of these three".

The PM, who has repeatedly vowed to exit the EU with or without a deal, previously urged lawmakers to vote for an early election, but the opposition said it would do so only if the no-deal option was scrapped.

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