The Labour Party headed for a leadership battle, mirroring a fight for control of the ruling Conservative Party, after the decision by voters to leave the European Union last week led to upheaval in Westminster.
Angela Eagle, a senior Labour MP, will announce on Thursday that she will challenge leader Jeremy Corbyn who has been facing a growing revolt within the party, media reports said on Wednesday.
Eagle, a former pensions Secretary, quit as Labour’s top business official on Tuesday, one of more than 20 people to resign from Corbyn’s opposition policy team.
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Craig Erlam
His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News.
Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
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