UK: Political chaos continues – ANZ

Research Team at ANZ, notes that the UK Labour leader Jeremy Corbyn lost a no-confidence vote by 172 votes to 40.

Key Quotes

“Despite this resounding loss and the resignation of more than 50 of his team in the past three days, Corbyn said he has no plans to step down. The vote, like the referendum, is advisory rather than binding. There was also an opinion poll which saw Theresa May (19%) edge ahead of Boris Johnson (18%) in a Yougov next PM poll.”