Shock of EU Exit Reverberates Through British Politics

Live analysis and commentary from the Atlantic Sentinel on the crises in Britain’s two major political parties.

The Houses of Parliament in London, England, February 19, 2013
The Houses of Parliament in London, England, February 19, 2013 (Martin Robson)
  • Britain’s Conservative Party is looking for a new leader after David Cameron said on Friday he is stepping down.
  • Home Secretary Theresa May looks like the strongest contender.
  • The opposition Labour Party is in revolt against its leader, Jeremy Corbyn. There are rumors of a split.
  • Gibraltar and Scotland are in talks to try and find a way to stay in the EU.
  • Markets have plummeted despite Chancellor George Osborne’s assurances that the British economy is facing the future “from a position of strength”. Airline, bank and property shares tumbled while sterling hit a 31-year low.

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