Economic secretary to the Treasury John Glen has resigned from the government, citing a “complete lack of confidence” in Prime Minister Boris Johnson’s leadership.
Glen, who has held the office since January 2018, tweeted his resignation letter at just after 11am this morning. He said that he was unable to reconcile his commitment to "the role and the financial services sector" with his lack of faith in the government. Nadhim Zahawi appointed chancellor following Sunak resignation Glen cited the handling of Chris Pincher's appointment to deputy chief whip and its subsequent fallout, particularly Johnson's "poor judgement" as a particular reason for his exit. "Recent events… have made it impossible for me to square continued service with my...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes