Labour’s deputy leader, Tom Watson, is seeking urgent talks with Jeremy Corbyn in an attempt to broker a compromise that would prevent the party plunging into a snap leadership contest, as Angela Eagle prepares to launch a challenge by the end of the day.
Living standards are expected to fall as a result of the vote to quit the EU and foreign companies will be deterred from investing in Britain, according to economists appearing before a parliamentary committee.
David Cameron will travel to Brussels on Tuesday to explain to Europe’s stunned leaders why Britain has voted for Brexit, as Conservative MPs pushed to speed up the process of replacing him as prime minister.
It was an extraordinarily bruising day but Jeremy Corbyn was just about still standing as Labour leader as he addressed thousands of supporters in Parliament Square on Monday evening.
Be careful what you wish for. So explains the Brexiteer and Sun columnist Kelvin MacKenzie on why, four days on, he has buyer’s remorse over his vote to leave.
David Cameron has said that the government will not rush into negotiations to leave the European Union or be dictated to as to its terms, telling parliament the decision was “for Britain, and Britain alone, to take”.
Britain will have a new prime minister by 2 September, after the executive of the Conservative party’s backbench 1922 Committee set a tighter than expected timetable for selecting a new leader.
The majority of the shadow cabinet have resigned from their positions on the frontbench in the last 36 hours.
Now there has been a vote for Brexit, there are calls in other countries for people to have their say on the European Union.
Four central European countries are prepared to veto any Brexit deal agreed between the UK and the European Union that restricts their citizens’ rights to live and work in Britain, the prime minister of Slovakia has said.
Nick Clegg holds out hope that the Liberal Democrats could play a role in a progressive cross-party government within a few years as he predicts that chaotic Brexit negotiations will gradually destroy support for Theresa May’s government.
Theresa May arrived in Downing Street from the Home Office in July with a reputation for being risk averse. The party she leads as prime minister has a wafer-thin working majority in the House of Commons of 17.