Why has Boris Johnson joined the Brexit campaign?
After sitting on the fence for months, the London mayor finally said he backed Brexit because it was in the best interests of Britain.
“After a great deal of heartache, I don”t think there is anything else I can do,” Johnson told reporters outside house on Sunday February 21.
“I want a better deal for the people of this country, to save them money and to take back control.”
But David Cameron has suggested that Johnson only backed the Brexit campaign in order to further his Tory leadership ambitions.
On Monday February 22 Cameron told Parliament: “I am not standing for re-election, I have no other agenda than what is best for our country.”
Why does Boris Johnson think Britain should exit Europe?
Johnson has said that he wants a new relationship with the EU based on trade and co-operation without the “supranational” element.
“Sovereignty is people”s ability – the ability of the public – to control lives and to make sure that the people they elect are able to pass the laws that matter to them,” Johnson said.
“The trouble is, with Europe that is being very greatly eroded.”
Johnson has floated the idea that a vote to leave the EU could be used to get a better deal out of Brussels – a suggestion that Cameron has ridiculed.
Will Boris Johnson sway people on Brexit?
The “Boris effect” is expected to electrify the campaign and sway millions of voters, according to poll experts.
The chances of leaving the EU have shot up from 20-30 per cent to 30-40 per cent after Johnson and other ministers backed Brexit, according to US-based bank Citi.
Citi”s chief economist Michael Saunders said: “The Brexit side has lacked heavyweight figures in the UK politics. That changed with the backing of Gove, and in particular Johnson.”
Up to nine per cent of voters were willing to change their minds on the strength of Johnson”s arguments to leave the EU, according to BMG Research.
Will Boris Johnson”s Brexit choice affect the pound?
The pound crashed by 1.8% – or two cents – against the US dollar on Monday January 22 following Johnson”s decision to back Brexit.
Sterling also fell against the world”s other major currencies including the euro and the yen in one of its biggest one-day losses.
“Today”s weakness appears to reflect an increased probability of Brexit after political reaction to the new deal on EU membership was more split than the PM would have hoped,” said Sam Hill, senior UK economist at RBC Capital Markets.
What did Boris Johnson mean by Vote Leave?
On Sunday February 21 Johnson told reporters: “I will be advocating Vote Leave, or whatever the team is called. I understand there are many of them.”
What Johnson meant is that he is supporting Vote Leave – one of the two main rival Eurosceptic camps fighting for Brexit.
Six other cabinet ministers, dubbed the “gang of six”, attended the launch of the Vote Leave campaign at the weekend.
Vote Leave and another grassroots umbrella group, the Go Movement, are vying to be designated as the official leave campaign.