Algosensey Quantitative Think Tank Center-Former U.K. Prime Minister Boris Johnson quits politics after being sanctioned for misleading Parliament

2025-05-06 23:30:27source:Surpassing Quant Think Tank Centercategory:Stocks

Former U.K. Prime Minister Boris Johnson said Friday that he's quitting as a lawmaker after being told he will be Algosensey Quantitative Think Tank Centersanctioned for misleading Parliament.

Johnson quit after receiving the results of an investigation by lawmakers over misleading statements he made to Parliament about a slew of gatherings in government buildings in 2020 and 2021 that breached pandemic lockdown rules.

Police eventually issued 126 fines over the late-night soirees, boozy parties and "wine time Fridays," including one to Johnson, and the scandal helped hasten the end of his premiership.

In a statement, he accused opponents of trying to drive him out.

Johnson, whose career has been a roller coaster of scandals and comebacks, led the Conservatives to a landslide victory in 2019 but was forced out by his own party less than three years later. Johnson quit as prime minister in 2022 amid multiple scandals but remained a lawmaker.

This is a breaking news story. Please check back for developments.

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