By David Zahn, CFA, FRM, Head of European Fixed Income, Senior Vice President, Franklin Templeton Fixed Income Group®
As expected, Boris Johnson won the UK Conservative Party leadership race and, with it, the keys to 10 Downing Street.
But as he looks to establish his administration and set out a policy agenda over the coming weeks, Johnson faces profound challenges and scrutiny both at home and abroad.
He enters Downing Street at a time of heightened international tensions between the United Kingdom and Europe over Brexit, but also in the Middle East, where the UK