Why did Boris pull out?

Well, because the 50% that voted to remain don't like him. And some of the 50% that voted leave probably don't either.
Still better than Gove. Ugh.

Still has more chance of being the next pm than Corbyn. Pretty sad state of affairs really what with all the embarrassing bleating of the remain voters whose harbinger of doom mantra has been fully exposed as tripe with ftse highest in 10 months and the pound not getting any worse than last Friday.
Boris could not get the support to win.

comment by bertrand small (U19359)
posted 7 minutes ago
Still has more chance of being the next pm than Corbyn. Pretty sad state of affairs really what with all the embarrassing bleating of the remain voters whose harbinger of doom mantra has been fully exposed as tripe with ftse highest in 10 months and the pound not getting any worse than last Friday.
Boris could not get the support to win.
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I personally think that the markets have settled down because everyone realises that we won't be leaving the EU for several years yet, if at all. And we'll have to accept EU conditions for access to the single market. Nothing much will actually change.

bertrand small

You are aware the Brexit has plunged the UK into political/economic turmoil?

Economists forecast financial volatility will persist, and will continue into 2017, with a 8% reduction in UK investment. GDP is also forecast to be 4% lower than referendum forecasts. The likelihood of a recession in 2017 is legitimate.

29/06/2016 President Obama:

"I think there are some genuine longer-term concerns about global growth if in fact Brexit goes through and that freezes the possibilities of investment in Great Britain or in Europe as a whole.
"At a time when global growth rates were weak already, this doesn't help,"

The economy isn’t in any shape or form out of the woods yet, as we haven’t actually entered them, (Art 50 still has to be triggered).

To suggest otherwise demonstrates a complete ignorance to the (ongoing) situation.

Boris didn't go for the gig because he knows, ultimately, that the right wing media determine who leads the country and he did not have the support of the right wing press.

Although pleasantly the Mail has mugged off Gove and his star columnist wife by backing Theresa May.

But at least we've "got our country back" and are "taking back control" and have our "independence" from Brussels.

Because Gove is a snake, basically.

comment by bertrand small (U19359)
posted 58 minutes ago
Still has more chance of being the next pm than Corbyn. Pretty sad state of affairs really what with all the embarrassing bleating of the remain voters whose harbinger of doom mantra has been fully exposed as tripe with ftse highest in 10 months and the pound not getting any worse than last Friday.
Boris could not get the support to win.
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I think you have not understood the FTSE at all ever since the referendum was announced the FTSE fell

Number 1



The FTSE fell as traders believed Remain were going to win. At close on the 23rd I recall a Brexit odds being around 15/1. The markets therefore gambled on a Remain vote and traded accordingly.

Nadine Doris cried when Boris made his announcement. At least some good came of it.

embarrassing bleating of the remain voters whose harbinger of doom mantra has been fully exposed as tripe with ftse highest in 10 months and the pound not getting any worse than last Friday.

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How has it been fully exposed? The U.K. Government hasn't made a decision yet on whether to invoke article 50.

Nothing has changed so far.

When the commons vote on it, then you can see what reaction the markets will give.