Just two weeks after his brother raked in the dough hailing the “possibilities” of blockchain in Singapore, Jo Johnson has thrown in the towel as an adviser at Binance… a cryptocurrency exchange. According to the Telegraph, Jo only took up the role in September, yet resigned last week in the wake of growing scrutiny of the company’s finances and instability across the crypto sector. However, while the ex-PM did hail the possibilities of crypto, he added an important caveat…
“When there is a mania and a bubble, when you have speculators driving up prices by finding a wider pool of people to exploit, you do need measures to protect the public from Ponzi schemes.”
Looks like Jo’s listened to big brother BoJo…
For all the talk of abusive language in Parliament, this Second Reading on the Withdrawal Agreement Bill is currently being conducted in a very calm and friendly manner…
Following the resignation of Jo Johnson, his former SpAd Iain Mansfield has now joined BEIS as Kwasi Kwarteng’s first SpAd. A convenient transfer…
Guido also learns that Simon Jones has left Downing Street’s Business Relations Department after 4 years of SpAd-ing, writing on his Facebook that he has “decided to take some [time] out to plan new adventures”. No news as to where he has gone…
See the full list here: order-order.com/spads
Whilst Jo Johnson’s resignation this morning will have been a blow to Boris, Britain may not have to wait too long to see another Johnson in Parliament.
Boris’s half brother (from Stanley’s second marriage) – Max Johnson – recently spoke of his own political ambition. He even joked about a “one in, one out” policy – what a coincidence…
Boris’ brother, former second referendum supporter, and government minister is standing down from the House of Commons after nine years as an MP. He cites an unreasonable tension between “family loyalty and the national interest”…
“It’s been an honour to represent Orpington for 9 years & to serve as a minister under three PMs. In recent weeks I’ve been torn between family loyalty and the national interest – it’s an unresolvable tension & time for others to take on my roles as MP & Minister.”
He was one of the authors of the 2015 manifesto. Drama, he’s resigning to spend less time with his family…
The Orpington Conservative Association’s Political Forum met the week before last and local Tory MP Jo Johnson was in attendance. The purpose was to discuss the Withdrawal Agreement. Local constituency meetings are not something that Guido would normally report on, however it is worth looking at this to get an insight into what Tory MPs are hearing in their constituencies and the pressure they are under over the vote. This is from a minute of the meeting:
Sixty email responses from members unable to attend the meeting, together with fifty members present have given us a very clear message to convey to Theresa May’s government. As before, we gave an opportunity to vote on a number of positions: 87% were against the WA and did not see it as a good deal for Britain 78% were opposed to the continuing leadership of Theresa May. 63% supported our MP Jo Johnson in his resignation, and those that did not largely gave as their reason Jo’s call for a 2. referendum. 86% were opposed to a second referendum 90% were in favour of leaving under WTO rules (no deal). And notably for an MP that has preferred remain and an association that stongly supports leave: 98% agreed with Jo Johnson’s description of the deal which can be summarised as the worst of all worlds and a historic failure.
Given these figures it is hard to credit the govemment’s claim that associations support Theresa May’s deal in contrast to the many back bench MPs that have stated their opposition. From our contacts with other associations we know that Orpington Association is not alone in its views.
A stunning three-quarters of Jo Johnson’s local members were “opposed to the continuing leadership of Theresa May” with nearly nine out of ten opposed to the May’s Withdrawal Agreement. According to ever useful ConservativeHome polling, about a third of Tory members support a WTO terms “no deal” and another third a Canada-style deal. This is the position across the Conservative Party back in MPs’ constituencies. It is hard to see how if May loses the vote next week Tory MPs will not be under pressure from their members to trigger a leadership vote…