In the near-term, support for the Conservative Party will be put to the test in two by-elections in West Yorkshire and Devon later this month.
"[The vote] was a lot closer than Boris Johnson's allies expected, or indeed, hoped," Tim Bale, professor of Politics at Queen Mary University of London, told CNBC on Monday. If this gap with the main opposition party widens, Bale said, Conservative rebels could"come back for more" and seek to challenge Johnson's leadership once again.While Johnson has shown no signs of being ready to resign — following the vote he called for unity and vowed to"bash on" — analysts say his leadership looks vulnerable."Based on current Conservative Party rules, Johnson cannot be challenged for another 12 months.
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