Tag Archives: javid

The smart (and cynical) politics behind Boris’s Brexit decision

johnsonbrexit
London mayor Boris Johnson has become the most high-profile supporter of the ‘out’ side of the United Kingdom’s EU membership referendum. (Getty)

For a two-term incumbent mayor of London, supporting the campaign for the United Kingdom to leave the European Union might amount to policy malpractice.European_Union

No city stands to lose more from Brexit than London, which, despite sterling’s resilience, has become the de facto financial capital of Europe and is one of three or four truly global capitals. If the British vote to leave the European Union, of course, many finance jobs could leave London, depressing many other secondary industries. While there are powerful arguments for Brexit, even among London’s residents, it’s hard to believe that Brexit would be a net positive for London as a global and European capital.

Nevertheless, it wasn’t surprising that London’s outgoing mayor, Boris Johnson, announced his support Sunday for leaving the European Union in a lengthy ‘more in sorrow than in anger’ editorial for The Telegraph. It followed a weeklong Hamlet act that left prime minister David Cameron gasping for the support of his slightly older one-time Eton classmate. Johnson couched his support for Brexit in terms of restoring democratic control to British voters, all while proclaiming his love for Europe and making the case for strong EU-UK relations in a post-Brexit world.

Be bold, Johnson urged British voters!

Now is not the time to ‘hug the skirts of Nurse in Brussels.’

‘Boris’ is one of a few British politicians known to voters by his first name, and his star power was enough to slam the British pound to a seven-year low Monday morning. Breaking ranks with most of the cabinet in David Cameron’s majority government, Johnson upended the Brexit battle, transforming what was already becoming a tough internal fight among Tories into an all-out struggle to dominate the post-referendum era.  Continue reading The smart (and cynical) politics behind Boris’s Brexit decision

Handicapping the race to succeed Cameron as Tory leader

Boris Johnson Theresa MayPhoto credit to David Levene.

British prime minister David Cameron is gearing up to fight the toughest campaign of his life to win reelection on May 7.United Kingdom Flag Icon

Nevertheless, his announcement earlier this week that he intends to serve out two terms — and no more — has started the race to determine his successor. Despite Cameron’s efforts to signal that he will step down in 2020, there’s no guarantee that Cameron will be so lucky. The next Conservative Party leadership race could start immediately after the British election if Cameron leads the party to defeat or, possibly, after 2017 when Cameron has pledged (if reelected) to hold a referendum on continuing the United Kingdom’s membership in the European Union.

But even if the Tories win a renewed mandate (an outcome that seems more likely today than at any time in the past two or three years), a second Cameron term will now become even more consumed by the debate among his would-be successors to define the party’s future. Notwithstanding the planned 2017 EU referendum, the party’s next leader will determine whether the Conservatives should be relatively more pro-Europe or anti-Europe in an era that features the rise Nigel Farage’s populist and eurosceptic UK Independence Party (UKIP). The next Tory leader will also face a fragmenting political environment that appears to be transitioning from a two-party to a multi-party system and a growing sense of constitutional crisis in the aftermath of last September’s referendum on Scottish independence. Moreover, the next Tory leader will also have to choose between two strains of economic policy — a pro-market Thatcherite approach or the more centrist ‘one nation’ Tory approach of her predecessors that concedes a stronger role for government social welfare.

Obviously, a lot depends on timing — a leadership contest in 2015 could bring a different result than a contest in 2017 or 2019.

Cameron, in his remarks earlier this week, singled out Johnson as well as chancellor George Osborne and home secretary Theresa May as particularly strong candidates. Though Cameron almost certainly prefers Osborne, whose leadership stock is certainly on the rise as the economy improves, the two frontrunners today are clearly Johnson and May (pictured together above), whose personalities and approach to politics and government couldn’t be more different.

Here’s a look at what Johnson, May, Osborne would bring to the leadership — along with four other potential candidates waiting in the wings. Continue reading Handicapping the race to succeed Cameron as Tory leader