However the no-confidence vote goes, analysts see positives for getting it done.
Financial markets appeared unperturbed by the political shock waves following the announcement that Britain’s prime minister, Boris Johnson, would face a no-confidence vote in his leadership. By midmorning on Monday, the pound was rising against the dollar and other major currencies, while the FTSE 100, Britain’s benchmark stock index, also climbed higher. But with betting odds pointing to Mr. Johnson’s survival, market moves are more likely to reflect global concerns about the war in Ukraine and efforts by central banks to rein in inflation.
