David Hencke

Palace_of_Westminster_at_sunset Parliament at sunset. Pic credit: LSE blog

CROSSPOSTED ON BYLINE.COM

So Britain has had its ” independence  day ” as Boris Johnson and Nigel Farage would have it. And what have been the repercussions.

In 48 hours the pound has dropped to its lowest level since 1985.

Stock markets across the world from London to Wall Street have all fallen.

The Prime Minister has announced his intention to resign before the party conference triggering a Brexit leadership contest.

Jeremy Corbyn is facing a leadership  challenge from his own MPs reinforcing the split between the Parliamentary Party from huge swathes of the membership. The shadow cabinet is now splitting as well.

Nicola Sturgeon, the Scottish first minister, has said that it is ” highly likely” there will be a fresh referendum on independence from England after Scots voted in every constituency to stay.

Sinn Fein has called for a border poll as a…

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