UK appears a leaderless, rudderless state adrift in an economic minefield. David Cameron is politically emasculated after losing the stay campaign.
Jeremy Corbyn, the opposition leader is being attacked by labor minnows.
The GBP is down by 10% and UK's credit rating has been downgraded.
Scotland is talking about secession again.
Unification of Ireland in the EEC is being mooted.
Chaos is the new normal in UK.
https://www.theguardian.com/commentisfree/2016/jun/26/the-guardian-view-on-post-... Quote:Britain’s 27 erstwhile European partners will meet next week to discuss the UK’s future with the country itself locked outside the room. The constitutional ground-rules of our democracy are in contention as never before, with arguments raging about whether or not Westminster can block Nicola Sturgeon’s mooted Scottish referendum, or Ms Sturgeon can deploy procedural weaponry at Holyrood to frustrate the UK-wide referendum decision. Meanwhile the grave economic consequences are coming into view, with the Institute of Directors suggesting that a quarter of companies will cease hiring and a fifth may shift operations overseas.
What is so damaging for the orderly conduct of business is not only the prospect of a messy divorce from the continent, but an immediate political crisis. After David Cameron’s post-dated resignation, nobody knows who is in charge, still less what happens next. The Brexit brigade stormed to victory without a manifesto, or even agreement on what “leaving the EU” involves. Some, including Michael Gove, would cut loose from the single market, and damn the vast economic cost; others now concede the UK will have to stay in the market, even though that would betray the campaign promise to “take control” of regulation and migration. Wider pre-election promises have turned to dust at great speed. At sunrise on Friday, while the final few votes were still being counted, Nigel Farage conceded that it had been “a mistake” for Vote Leave to pretend that there would be an extra Ł350m a week for the NHS; at sundown, leading leaver Daniel Hannan MEP killed the other central campaign promise by conceding free movement of labour might continue. Lesser gimmicks, such as Boris Johnson and Michael Gove’s promise to scrap VAT on energy bills, were always going to be hard to honour with an economy that is set to slow; they seem entirely irrelevant when we don’t know who will be presenting the next budget.
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A country in peril, without a functioning government, needs an office-ready opposition – to ask the awkward questions, warn against wild swerves, and force somebody on the government side to explain what is going on. Britain, however, is saddled with a second party so beset by schisms, that – even as the union strains, the government crumbles, and the economy teeters – the thing making the headlines is Labour’s disintergation. Hilary Benn’s “sacking”, a dubious description seeing as the shadow foreign secretary constructed his own dismissal, was followed by the self-sacrifice of no fewer than 11 shadow cabinet ministers by late evening on 26 June, a run of career suicide bombs all detonated with the single aim of forcing Jeremy Corbyn out, just nine months after the leftwinger secured an almighty mandate from party members, taking more than thrice the votes of any of his three rivals, from the party’s centre and right.