Boris Johnson and Theresa May, the main contenders to succeed David Cameron as prime minister, are set to launch their formal leadership bids this week amid a slightly chaotic and febrile atmosphere inside the Tory party, with renewed splits developing between leave and remain supporters.
Jeremy Corbyn has been accused of trying to consistently “weaken and sabotage” Labour’s campaign to keep Britain inside the EU by one of his own MPs, who was heavily involved in the effort.
Jeremy Corbyn will attempt to confront the crisis facing his leadership on Monday morning as he enters emergency talks with the deputy Labour leader, Tom Watson, amid a series of further shadow cabinet walkouts and a likely vote of no confidence from his MPs.
Momentum, the leftwing grassroots organisation set up last autumn to support Jeremy Corbyn, is preparing to confront MPs in open revolt against the party’s leader, and throw its weight behind hisre-election in a new leadership contest.
The prospect of a parliamentary fightback against the result of the EU referendum gathered pace on Sunday, with pro-remain figures saying they would not “roll over and give up”.
Hilary BennThe shadow foreign secretary was sacked in a 1am phone call on Sunday after making clear that he had lost faith in Corbyn’s leadership.
The business secretary, Sajid Javid, has told business leaders there is no need to panic after Britain’s vote to leave the EU, as investors braced for another day of heavy selling when markets reopen on Monday.
Europe’s leaders appear divided about how to negotiate Britain’s exit from the bloc as the president of the European parliament called on the UK government to “deliver now” on the referendum outcome.
Jeremy Corbyn will use a speech in London on Thursday to announce that Labour will research the radical policy of universal basic income, which would replace means-tested benefits with a flat-rate payment.
David Davis, the Brexit secretary, has been snubbed by UK retail bosses after he tried to call an industry meeting to discuss the pros and cons of exiting the EU.
Nick Clegg has suggested he could follow David Cameron, with whom he spent five years in coalition, out of parliament before 2020.