Skip to content
CityAM
Main navigation
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • Canada BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      Hydration breaks: World Cup ad cost could eclipse Super Bowl’s $7m price tag

      Unfortunately, without specific details about the articles title, content, or the subject of the image, creating a precise...

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
    • From our partners
      • The Morning Briefing: SBS x CityAM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Hydration breaks: World Cup ad cost could eclipse Super Bowl’s $7m price tag

      Unfortunately, without specific details about the articles title, content, or the subject of the image, creating a precise...

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      Bowls Club is the City’s most eccentric (and brilliant) pop-up

      Local bowls club members enjoying a sunny day on the green, engaging in a competitive match with vibrant surroundings.

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Latest Paper
Monday 10 June 2019 10:37 am

Don’t bet on Boris Johnson breezing into Number 10

By: Julian Harris

Add as a preferred source on Google
Conservative MP Boris Johnson leaves a house in London on June 7, 2019. - Boris Johnson, considered the frontrunner to become Britain's next prime minister, is Friday challenging a private prosecution bid accusing him of misconduct in public office over the claim that Britain sends £350 million ($440 million, 400 million euros) a week to the European Union. (Photo by Daniel LEAL-OLIVAS / AFP) (Photo credit should read DANIEL LEAL-OLIVAS/AFP/Getty Images)

It’s been a good weekend for Boris Johnson, who won’t be concerned about the storm whipped up by his pledge to retain the £39bn Brexit bill if the European Union does not offer Britain a better deal on the terms of its exit.

Yesterday’s frustration at the former foreign secretary’s comments came from various corners – the business world, as covered by our front page story, Conservative leadership rivals Rory Stewart and Sam Gyimah, European leaders, MEPs, and even former head of the Foreign Office Peter Ricketts, who tweeted: “What an excellent way to begin our life as an ‘independent’ country needing new trade agreements… by massively defaulting on our debts!”

None of the rebuttals will matter to Johnson, of course. The row is all part of his positioning as the natural Leave candidate of choice to replace Theresa May in Downing Street next month. An effort to secure the support of hardline Brexiters was ramped up last week and has already produced results, with Steve Baker and Priti Patel as the latest big names to join Team Boris, while the party’s former deputy chair James Cleverly also declared his backing. Johnson is way ahead when it comes to declared support from MPs and surveys of Tory party members, and is still in front with most surveys of Conservative voters too.

At the time of writing he has the public support of 54 MPs. In second place is Michael Gove, on 31, who attracted a lot of support before revelations about his historic cocaine use were broken by CityAM’s political correspondent Owen Bennett over the weekend. Gove’s chance of winning the contest has plummeted according to the betting markets, from a one-in-five chance last week to one-in-20 today. Odds-on favourite Johnson has a two-in-three chance, with none of his rivals remotely close.

So will it be a shoo-in? Perhaps, but do not estimate the ability of UK party leadership contests to deliver unexpected drama. They tend to begin with an obvious winner, yet are vulnerable to being turned upside down by an energised newcomer. Meanwhile, past elections also reveal the tendency of MPs, always keen to appease the likely winner with an early declaration of support, to go back on their word. It certainly looks like Johnson – but with the current odds, you wouldn’t bet on it.

Read more

Former deputy PM Dominic Raab moves into PR with advisory role at Kreab 

Dominic Raab headshot featuring a professional demeanor, wearing a suit and tie, against a neutral background.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • CityAM Content

Trending Articles

  • More Big Four blues as Deloitte plans to slash UK audit roles

  • Rathbones to suspend thousands of client account inflows after FCA probe deals £530m blow

  • Rolls-Royce shares surge as SMR unit bags multi-billion pound Swedish nuclear contract

  • As it happened: FTSE 100 relief rally runs out of steam as BP and Shell weigh; Oil hits three-month low

  • London Tech Week sums up everything wrong with UK tech

More from CityAM

  • Former deputy PM Dominic Raab moves into PR with advisory role at Kreab 

    Business
    Dominic Raab headshot featuring a professional demeanor, wearing a suit and tie, against a neutral background.
  • A good deal on the London Stadium was never an option

    Opinion
    London stadium exterior showcasing modern architecture and vibrant atmosphere during a major event or sports match.
  • Premier League clubs’ success could earn HMRC £40m windfall

    Sport Business
    Getty Images logo on a digital screen, representing stock photography and media licensing industry trends.
  • West Ham United relegation to cost London taxpayers millions

    Sport Business
    Getty Images logo displayed prominently on a sleek, modern building facade against a clear blue sky.
  • Farage to face probe on £5m gift from Harborne

    Politics
    Nigel Farage speaking at Reform UK rally in Birmingham, February 2026, addressing supporters in a crowded venue
  • Starmer serves up his best and empty platitudes

    Opinion
    Keir Starmer delivering a speech at a podium, addressing audience with focused expression, highlighting key political points
  • Billionaire Labour backer John Caudwell: I was misled by ‘disastrous’ Starmer

    Politics
    John Caudwell in a formal setting, possibly during a business meeting or public speaking event, conveying professionalism.
  • You don’t have to be a chav to lead the Labour Party, but it helps!

    Opinion
    Wes Streeting, Angela Rayner, and Keir Starmer engaged in a discussion at a political event, with a focus on Labour Party ...

CityAM Canada — business, markets and opinion for Canadian readers.

Sections

  • Business
  • Markets
  • Tech
  • AI
  • Economics
  • Opinion
  • Cities

Company

  • About
  • Contact

Legal

  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 CityAM Canada. All rights reserved.
Terms · Privacy · Cookies