U.K.'s Hammond Says He'll Resign If Johnson Succeeds May

The transcript discusses the anticipated political changes in the UK, focusing on the expected resignation of the Chancellor and the potential reshuffle of the cabinet under Mr. Johnson. It highlights Mr. Johnson's vulnerability to defections due to a slim majority and the challenges he may face in Parliament, especially with the possibility of a confidence vote after the summer break.

What major political event is expected to be announced soon?

• A new trade agreement

• A new environmental policy

• Mr. Johnson becoming the new leader

• A general election

What strategic move is the current Chancellor planning?

• To join the opposition

• To support a softer Brexit

• To resign before being sacked

• To negotiate a new trade deal

Who are expected to leave the cabinet under Mr. Johnson's leadership?

• Supporters of a hard Brexit

• Newly elected MPs

• Theresa May's supporters

• Members of the opposition

Why is Mr. Johnson vulnerable to defections?

• He is unpopular with the public

• He has too many supporters

• He lacks a strong majority

• He has no political experience

What could happen when Parliament reconvenes in September?

• Parliament will be dissolved

• A new leader will be elected

• A confidence vote against Mr. Johnson

• A new trade deal will be signed