Geoffrey Smith 

Investing.com — U.K. Prime minister Boris Johnson will face a vote of no confidence from his party’s members of parliament, according to a top Conservative lawmaker. 

Sir Graham Brady was chairman of the 1922 Committee and told backbennch MPs he represented that he had received enough correspondence from lawmakers to forcibly a vote. The vote will take place on Monday at 12PM ET (1700-1900 GMT) 

According to party rules, more than 15% of current MPs must request a vote in order for the party to continue. 

A damning report on parties at 10 Downing Street (the Prime Minister’s residence) during the pandemic led to a flood of complaints from MPs. The government’s rules that placed the remainder of the country in extreme lockdown restrictions and flouting their own regulations, which was cited by Johnson, prompted the flooding of letters. Johnson stated that the report was exonerated from allegations that he lied about the parties to parliament, however his interpretation is not shared widely outside of government.

Jesse Norman (ex-Treasury Minister) wrote one such letter. He stated that party members are unhappy beyond illegal parties. Norman wrote that his current policies were extremely questionable and said that “sensible planning” has been replaced “by empty rhetoric.” 

He also pointed out the government’s recent plans to suspend an agreement between the U.K. & European Union regarding the status of Northern Ireland. Johnson, he claimed, was trying to create an alien system under the presidency’s control.

The Conservatives did win a significant majority of seats in the House of Commons during the recent elections. However, the gains of this party were mostly due to northerners switching to the party which delivered Brexit. Due to Brexit’s failure to produce any kind of economic gain since 2016, and the scandal surrounding the party, many northern constituencies are returning to their support for left-leaning political parties. Since November, the Labour Party holds a strong lead in national polls.

After the announcement, the stock was 0.4% higher at $1.2533. It was linked more to speculations that the Bank of England might be forced to reduce its monetary policy due rampant inflation.