Chancellor of the Exchequer George Osborne has said the UK is ready to face the future from a position of strength and indicated there will be no immediate emergency Budget. However he admitted there would still need to be an adjustment in the UK economy, and it was perfectly sensible to wait for a new prime minister before taking any such action.
United Kingdom Labour leader Jeremy Corbyn has said he will stand in any new leadership election following the resignations of a string of shadow cabinet colleagues. Shadow Commons leader Chris Bryant was the latest person to resign in protest at Corbyn's leadership over the EU referendum - and more are expected.
United Kingdom's leader of the opposition Jeremy Corbyn is in favor of making a power-sharing deal with Argentina over the Falkland Islands, according to an Argentine diplomat. Outgoing Argentine ambassador Alicia Castro says that the Labour leader is “one of ours” and that he told her he supports a British-Argentine power-sharing deal in the vein of Northern Ireland.
Leader of the British opposition Jeremy Corbyn is facing a shadow cabinet revolt over his announcement that he cannot back proposals for airstrikes in Syria. It comes after David Cameron made his case for extending military action against the Islamic State saying every day we don't take action is a day ISIL grows stronger.