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FirstFT: Johnson quits | Financial Times

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Boris Johnson signed the The end of a tumultuous three-year rule As Prime Minister of the United Kingdom, he defends his record and accuses Conservative MPs of their “eccentric” decision to force him out of office.

Johnson resigned from his post as Conservative leader, but defied pressure to resign immediately as prime minister, saying he would stay until his successor is elected, Probably in September. Read his full resignation speech Here.

One of his successor’s biggest challenges will be to rectify Britain’s position abroad, Gideon Rahman writes.

Johnson convened one the most Surrealist cabinet meetings In British history yesterday, hours after announcing he was leaving, in which he urged his shocking handling cabinet to continue “providing for the British people”.

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  • Go deeper: Johnson was the entertainer who Tried to defy political gravity. He once united people in amusement but eventually united them in contempt, writes Henry Mans.

  • Business response: British business leaders welcomed the prime minister’s resignation, calling for no Fast transition To a new administration to restore trust.

  • FT view: It is time for the needs of the state, not the Conservative Party, to be in the first place, ours Writes the editorial staff. In order to do this, the new leader needs to prioritize responsibility over a returning party.

  • opinion: Robert Shrimsley believes The process of replacing Johnson will not be simple. Stephen Bush Consider the following steps To the Conservative Party – and to the state. Sign up Here Receive his Inside Politics newsletter.

Thanks for reading FirstFT Europe / Africa and here’s the rest of today’s news – Jennifer

1. Shinzo Abe shot The former Japanese prime minister was Shot in the city of Nara, The public broadcaster NHK reported today. He was seen collapsing during a speech around 11:30 a.m. and bleeding.

2. Germany dims the lights The state budgets hot water, dims its street lights and turns off swimming pools like The impact of a huge rise in fuel pricesTriggered by Russia’s sharp drop in supplies last month, is starting to spread from the industry to offices, leisure centers and homes.

“Germany’s Social Peace in Great Danger” – Axel Gadeshko, Head of the German Housing Association

3. HSBC banker resigns due to climate storm Stuart Kirk, Head of Responsible Investment at HSBC Asset Management I resigned After a provocative speech at an event in the Financial Times in May, which accused policymakers of exaggerating the financial risks of climate change.

4. UK public finances in an ‘unsustainable path’: OBR The Office of Budgetary Responsibility has undermined the Conservatives’ hopes of lowering taxes, saying in a long-running report that Britain’s public finances are “In an unsustainable way in the long run“.

5. The former manager of Tharnos was convicted of fraud Ramesh “Sunny” Belvani already Convicted of fraud For his role as former president of a blood-testing startup he has just left, set up by his former girlfriend and business partner Elizabeth Holmes. Belvani was convicted on all 12 counts of fraud and conspiracy.

The next few days

Economic Data A U.S. jobs report is expected to show that recruitment Slowed down in June But remains above the pre-epidemic averages. In the UK, KPMG / REC publishes monthly jobs report and regulatory capital data for banks in first quarter Are outside. Italy has industrial production data in May.

Nuclear energy in the UK Decision on EDF’s proposed £ 20 billion Sizwell C on the east coast of England To be repaid by the end of the dayWhile the Hinkley Point B nuclear plant in Somerset is expected to do so Start his shutdown Despite fears of late breaks this year.

Wimbledon Championships Of the women Tennis Championship The final will take place tomorrow, followed by the men’s final on Sunday.

Elections On Sunday, the first round of parliamentary and municipal elections kicks off in the Republic of Congo, while in Japan, half of the less powerful upper house of parliament. Will be selected Through a combination of constituency votes and relative representation, with the ruling Liberal-Democratic Coalition tending to victory.

What else are we reading

Amidst the problem of police violence For a decade, Cora (not her real name) says her husband was psychologically and sexually abused. He was also a policeman. With British police culture and the prevalence of domestic violence under increased scrutiny following the murder of Sarah Everard, Sarah Hack asks, Is there a connection between the two?

Should artists be a part of their work? A Strange economic system Contradicts the $ 65 billion leading contemporary art market, which has sharply recovered from the epidemic. Rising global wealth has sparked speculation in the works of some coveted artists – who see little of the profit.

Butcher's Meat by Flora Yochanovich

Butcher’s Meat ‘by Flora Yochanovich © Alamy

The worst drought in Italy in decades There is a lack of rain Dried fields In the northern agricultural heart of the country, which led to the worst climate event since 2003 at least, when a huge heat wave and drought killed 30,000 people. Again, the drought threatens electricity production and agricultural output.

How to change someone’s opinion What does it mean to quarrel with someone? What goals do different discussion styles serve? And if you’re hoping to convince someone to change their mind, how should you do it? Tim Harford loves the ideals of argument. but he Not optimistic that it often works in practice.

The chronic effects of cobid A wave of infections is flooding most of the world this month, fueled by the rapid takeover of Omicron’s latest iteration. Despite fewer severe cases, the extent of the infections means that hundreds of thousands will be sick in the long run, John Bern-Murdoch explains.

travel

At the Sani Resort in Greece, amateur tennis players can practice under the watchful eye of Tony Nadal, the uncle and former coach of 22nd Grand Slam winner Rafael Nadal – in what could be. The ultimate tennis vacation.

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