John Glen resigns as Economic Secretary to the Treasury
The Minister handed in his notice to Prime Minister, Boris Johnson, yesterday (6 July) stating that he “can no longer reconcile my commitment to the role and to the financial services sector with the complete lack of confidence I have in your continuing leadership of our country”.
Glen was appointed Economic Secretary in 2018 under then Prime Minister Theresa May. As part of his role he was responsible for governance of the insurance sector in the UK.
The former minister, who is MP for Salisbury, said it was a “difficult decision” and that it was with “deep regret” that he left the government.
He noted: “When we met earlier this year, you asked me to commit to carry on working to deliver vital reforms for our world leading financial services.
“Those reforms are now
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