Post-Brexit world: Financial downturn, political turmoil & protests
Britain's unprecedented vote to leave the EU has caused a furor across the world, with stocks plunging amid financial and political uncertainty. Thousands have vowed to protest the results of the British referendum.
27 June 2016
12:27 GMTThere could be a real clash coming in Scotland. The devolved government there said it will seek the widest possible backing in the Scottish parliament to keep its ties with the European Union following last week's British vote to leave the EU.
Calls for a second Scottish independence referendum have grown since Britain as a whole voted to leave the EU last week, despite a large majority of Scots supporting staying in the EU.
SNP leader Nicola Sturgeon described that as "democratically unacceptable".
- 12:18 GMT
The SNP in Scotland has seen an opportunity in the aftermath of Brexit, and is already pushing for a second independence referendum north of the border. But it appears Downing Street is already looking to stamp on that idea.
Downing Street suggests a second Scottish independence referendum will not happen. 'Last thing Scotland needs is divisive 2nd referendum'
— Steven Swinford (@Steven_Swinford) June 27, 2016 - 11:59 GMT
Amid all the in-depth analysis going on across the world, is this perhaps the most concise illustration of the situation yet?
Le #Brexit en un gif. pic.twitter.com/KAOOdagp2Q
— Fli (@FliDiFlouFliFla) June 27, 2016 - 11:47 GMT
With all the resignations coming from Labour's shadow cabinet, it's perhaps no surprise that the Guardian newspaper is now quoting a source close to Jeremy Corbyn saying a leadership election is now pretty much inevitable.
Corbyn source: A leadership contest is now "likely to happen" but Jeremy will stand. Claims is "no shortage" of ppl to replace shadow cab
— Anushka Asthana (@GuardianAnushka) June 27, 2016 - 11:22 GMT
And another ...
I have just hand-delivered Jeremy Corbyn my resignation letter. pic.twitter.com/ntnHFzeaXN
— John Healey MP (@JohnHealey_MP) June 27, 2016 - 11:18 GMT
Close your eyes Mr Corbyn, another one's gone. Angela Eagle, one of the biggest names yet to resign yet, also reportedly asked Corbyn to resign too.
With deep regret, and after nine months of trying to make it work, I have today resigned from the Shadow Cabinet pic.twitter.com/tX7SPDyTIZ
— Angela Eagle (@angelaeagle) June 27, 2016 - 10:55 GMT
Those resignations keep on coming for Jeremy Corbyn's shadow cabinet. This time the shadow Energy Secretary, and the shadow Work and Pensions Secretary are gone.
Lisa Nandy and Owen Smith quit shadow cabinet
— Nick Eardley (@nickeardleybbc) June 27, 2016 - 10:20 GMT
Labour's deputy leader Tom Watson has reportedly piled the pressure on Jeremy Corbyn. While BBC reports that he had told Corbyn to resign have been denied, he did reportedly tell Corbyn he has "no authority" and is facing a leadership challenge.
Update: Tom Watson source furious at BBC for claiming Tom Watson directly asked Corbyn to resign, wants them to apologise and retract story.
— Jim Waterson (@jimwaterson) June 27, 2016 - 10:14 GMT
Cameron and Juncker spoke: 'C had chance to thank Juncker and teams for their contributions for the process for the new settlement' - EC
— Danny Kemp (@dannyctkemp) June 27, 2016 - 10:11 GMT
Roberta Blackman-Woods becomes the latest Labour MP to resign from Jeremy Corbyn's shadow cabinet.
I have just resigned my position on the frontbench for the reasons as set out below in my letter to Jeremy pic.twitter.com/wtYq5lgt9D
— R. Blackman-Woods (@robertabwMP) June 27, 2016