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...“There have been legacy political issues that people have found very disturbing,” he said, a reference to the recent turbulent past of the Boris Johnson and Liz Truss premierships....
...Glen, a former city minister, was first elected in 2010 and previously served as a minister under both Theresa May and Boris Johnson....
...Wallace is a close ally of former prime minister Boris Johnson. After Johnson quit Downing Street last year, Wallace surprised some colleagues by ruling himself out of the contest to succeed him....
...John Glen, the City minister and economic secretary to the Treasury, is the latest senior Conservative MP to resign from his post in another blow to UK prime minister Boris Johnson....
...Glen was cautious about excessive deregulation of the City, as favoured by Johnson, and believed the City’s strength came from stable and predictable regulation....
...The group, which includes Glen Weyl, a Microsoft economist and researcher, Danielle Allen, a Harvard philosopher and director of the Safra Center for Ethics, and many other industry notables, is sounding...
...Michael Gove also left the government when he was fired by Johnson as the minister of levelling up on Wednesday evening....
...More than 30 members of the government have quit over the past 24 hours in protest over Boris Johnson’s leadership, adding to the pressure that has been building on the UK prime minister....
...But resignations kept coming on Wednesday, including justice minister Victoria Atkins, schools minister Robin Walker, Treasury minister John Glen and children’s minister Will Quince....
...John Glen, economic secretary to the Treasury, justice minister Victoria Atkins, schools minister Robin Walker, and environment minister Jo Churchill were among those to quit....
...financial services bill that would overhaul City of London regulation, are also expected to proceed but the pace of reform may be affected by the departure of chancellor Rishi Sunak and economic secretary John Glen...
...He succeeds John Glen, who was a popular City minister during a turbulent four years punctuated by Brexit until his exit in July after Johnson announced he would step down....
...The former chancellor’s backers include former city minister John Glen and chair of the Northern Ireland select committee Simon Hoare....
...Johnson remains a popular figure among some of the Tory grassroots....
...John Glen Treasury minister“I can no longer reconcile my commitment to the role and to the financial services sector with the complete lack of confidence I have in your continuing leadership of our country...
...The bill is still expected to proceed, and Woods said Glen had “got this work very, very far advanced”, with clauses about the Solvency II overhaul due to go into the legislation....
...As the departure of former City minister John Glen from the Treasury illustrates all too well, it is junior ministers who do much of the important work of governing....
...Manufacturing company Johnson Matthey is the country’s latest casualty of soaring inflation and energy prices, today announcing cuts of up to 15 per cent in its senior management jobs....
...She knew that her endorsement in the leadership race had the potential to tip the balance of the contest, either in the direction of Sunak or Boris Johnson....
...But John Glen, former City minister, said: “Tom Scholar was, is and always will be an exemplary public servant of the highest calibre in the best traditions of his profession.”...
...Representatives from banks including Citi, Barclays, Lloyds, JPMorgan and NatWest will be on the call, expected to be chaired by City minister John Glen, at 2.30pm. Johnson is expected to attend....
...It has been championed by two cabinet members — chancellor Rishi Sunak and City minister John Glen — who resigned this week, paving the way for prime minister Boris Johnson’s announcement that he was stepping...
...Hoyle said he shared the views of MPs who regarded the story — written by Mail on Sunday political editor Glen Owen — as “misogynistic and offensive”....
...Boris Johnson, the prime minister, has urged ministers to accelerate regulatory reforms to illustrate the “opportunities of Brexit”....
...And it was exactly the same dynamic that we saw when Boris Johnson introduced the smaller Ulez. Many more people who than were ever going to pay it feared that they would....
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