Boris Johnson leaves world's fifth biggest economy in crisis
CNN
Boris Johnson was ultimately forced to resign as UK prime minister Thursday as dozens of members of his party quit the government after one ethics scandal too many.
But his popularity outside parliament has also been badly dented by surging inflation and stagnation in the British economy, a cost-of-living crisis that threatens to impoverish millions more people this winter, and the risk of a damaging trade war with the European Union.
UK stocks rose in response to reports that Johnson was preparing to stand down, and the pound gained 0.75% to trade at $1.20 — recovering slightly from two-year lows hit earlier this week.
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