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UK faces political crisis after voting to leave EU

CCTV.com

06-29-2016 12:36 BJT

The rejection of EU membership by UK voters has created a political crisis in the country. A leadership contest is soon to take place in the ruling Conservative Party after Prime Minister David Cameron resigned. The opposition Labour Party is split after after the majority of its MPs filed a no-confidence motion in party leader Jeremy Corbyn.

Nicola Sturgeon, the First Minister of Scotland, is calling for a second independence referendum.

George Osborne, the Chancellor of the Exchequer, after the Prime Minister David Cameron, is the second important figure in the British government. He was back in London defying those leaders gathering for that summit in Brussels, saying Britain does have a plan for extricating itself from the EU, but it does not involve Article 50, the mechanism by which the whole process begins.

“So these are the elements of the plan: financial stability, economic certainty, and I think until we are clear about that marvel we should not trigger the Article 50, which begins the process of exiting the European Union,” Osborne said.

North of the border  in Britain, in Scotland it is a quite different matter. The first Minister for the Scottish parliament was on a charm offensive that could begin a process of a second independence referendum in Scotland. It could see a breakup with the UK.

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