Instead, he told supporters that Labour would fight to ensure that its agenda was at the heart of discussions as Britain negotiates its exit from the European Union. In a speech in London on Saturday, Mr. Corbyn largely ignored the no-confidence effort. Mr. Corbyn had been criticized by many in his own party for what they viewed as a halfhearted and ineffective approach to campaigning for Britain to remain in the bloc. It could take years for Britain to disentangle itself from the European Union, with messy and protracted negotiations that are expected to weigh on confidence and investment in the country. The vote has already transformed the political and economic landscape in Britain, where Mr. Cameron said he would quit, the stock market fell sharply, and Scottish leaders said another referendum on independence was a strong possibility.

Source: New York Times June 25, 2016 09:28 UTC