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Welcome to Boris Island – Brexit: Boris Johnson launches pitch to be the Prime Minister that leads Britain out of Europe | UK Politics | News | The Independent

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Boris Johnson insisted that the result of the referendum did not represent a retreat into isolationism and that Britain would remain a “great European power”

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Brexit: Boris Johnson launches pitch to be the Prime Minister that leads Britain out of EuropeFormer Mayor of London says ‘no need for haste’ in initiating Article 50 and beginning process of negotiating Britain’s exit from the EU

Boris Johnson has launched his pitch to be the Prime Minister that leads Britain out of Europe, brushing aside fears of political upheaval and economic turmoil and promising he could deliver “a more secure and prosperous future” outside the EU.

Filling the political vacuum left by David Cameron’s announcement that he would resign and make way for “fresh leadership” to negotiate Britain’s exit from the European Union, Mr Johnson sought to reassure voters and the markets.

He said was there was “no need for haste” in beginning the process of negotiating Britain’s exit from the EU and insisted that the result of the referendum did not represent a retreat into isolationism and that Britain would remain a “great European power”.

Boris Johnson: There is no rush to leave EU or use Article 50 – video

“We cannot turn our backs on Europe. We are part of Europe,” he said.

But the former London mayor, who is considered the clear favourite to succeed Mr Cameron when he steps down in the autumn, will face unprecedented challenges after unleashing the biggest political upheaval in recent British history.

In an uncompromising joint statement the President of the European Council Donald Tusk and head of the Commission Jean Claude Junker said they expected the Brexit negotiations to be a “painful process”.

They added that Britain should not expect special treatment, warning that any agreement to be “concluded with the United Kingdom as a third country, will have to be balanced in terms of rights and obligations”.

Handelsblatt, a German business newspaper, said it had obtained a copy of an emergency plan entitled “German strategy for Brexit” that warned against treating the UK too leniently for fear of encouraging other countries to follow suit.

It said there would be “no automatic access to the single market” in order to “avoid offering false incentives for other member states when establishing new arrangements”.

Financial markets recovered some of the ground they lost after the initial panic of the result which at one stage saw the pound fall to its lowest level against the dollar since it was freely traded.

But by the close of the markets Friday, sterling was still trading at levels not seen since the financial crash and the FTSE index of the 250 leading shares was down nearly seven per cent on the day.

Meanwhile in Scotland, which voted to remain in the EU, the First Minister Nicola Sturgeon said a second independence referendum was “highly likely”.

Nicola Sturgeon said it was “democratically unacceptable” that Scotland faced the prospect of being taken out of the EU against its will.

She said the Scottish government would begin preparing legislation to enable another independence vote.

Brexit reactions – in pictures

Sorgente: Brexit: Boris Johnson launches pitch to be the Prime Minister that leads Britain out of Europe | UK Politics | News | The Independent

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