The Mirror reports that the Prime Minister will stay on until October but a new leader should be in place for Tory party conference – and they will be responsible for invoking Article 50 and negotiating the UK’s withdrawal from the EU.
There’s a link to David Cameron’s resignation speech. Whilst I was saddened that David Cameron chose to resign rather than battle-on, I empathize with his argument. Between now and October, the country will have a seriously lame-duck Prime Minister and cabinet whilst the financial markets are in free-fall.
Cameron’s decision opens up the leadership race and no doubt the media will be looking at the potential candidates over the coming months. Referendum supporters will be looking for a right-wing champion but this will potentially move the whole government to the right and in serious confrontation with left-wing elements in the country. Osborne proposed eye-watering austerity going forward pre-Brexit but this will need to be seriously buttressed because of the economic fallout.
It’s worth while remembering that the Conservative Party has a small majority and the referendum has highlighted widespread dissatisfaction with the political classes.
Meanwhile, the Mirror is right to signal that there could well be a fight for the leadership of the Labour Party too. Jeremy Corbyn was clearly holding his punches in the referendum campaign and one can see this morning that he is blaming the result on excessive austerity from David Cameron’s government. Personally, I was proud to see prominent Labour Party politicians campaigning with David Cameron but Corbyn was notably absent. Surely, there are questions over Corbyn’s judgement?
With the UK economy likely to be in economic free fall and a new government, it would be timely for the Labour Government to go for change too. Corbyn stuck narrowly to workers’ rights and jobs in his campaigning. But Corbyn’s inaction will trigger genuine hardship for many Labour supporting families.
Apart from reuniting the country after the election, attention needs to focus on Farage and his supporters. Right-wing nationalists champion xenophobia. There are no plans just the dogma of hate. Despite the Little Englander cries, it is questionable whether immigration can be effectively contained. There is a serious skills shortage in the UK and many foreigners are prepared to work harder, longer and will accept jobs that the indigenous population reject. This group might get a shock as a right-wing Conservative government really start slashing benefits and public services.
Expect London to resemble Athens this Summer. Populism has spoken. But there were never any serious plans from the Brexit leaders like Farage and Johnson. They now step sideways and point to the government.
What a mess!
Young people will fear for their futures like in Greece, Spain and Italy as jobs go overseas.
Do you remember Tony Blair’s first general election win? Blair had an astonishing majority and support from the people. But Blair squandered his power and Labour left the country in economic ruin by not providing for a rainy day. Well, this is not just a rainy day, it’s like a full-blown monsoon and it will probably last till the Autumn. One scenario, like in Greece when the government could not implement the required austerity, there could be an early election – loopholes can be found around the existing law or indeed change it by the will of parliament.
I respect democracy but the populists have triggered years of relative hardship for many. Worse still, they have shown the way to right-wing populists everywhere. Watch for Trump, Le Pen and their peers to leverage the Brexit vote. Of course, the Far-left, like Corbyn and his equivalents in major democracies will be ready with their road-blocks.