- Analytics
- News and Tools
- Market News
- Downing Street Resignations: UK Economic Secretary to the Treasury John Glen quits
Downing Street Resignations: UK Economic Secretary to the Treasury John Glen quits
John Glen, City Minister and Economic Secretary to the Treasury, announced his resignation on Wednesday.
"The country deserves better and I must return to the backbenches to dedicate myself to the service of the people of Salisbury and South Wiltshire," Glen tweeted out.
Additionally, Felicity Buchan, the Tory MP for Kensington and parliamentary private secretary to the Secretary of State for Business, Energy and Industrial Strategy, has resigned from her role, calling the current situation "untenable."
Market reaction
The market mood remains upbeat despite political jitters and the UK's FTSE 100 Index was last seen rising 1.65% on a daily basis. Meanwhile, GBP/USD is down 0.1% on the day at 1.1945.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
