As a new Conservative prime minister prepared to take over on Wednesday (13), the opposition Labour Party was facing an existential crisis,riven by toxic splits over the leadership of Jeremy Corbyn. At least two Labour MPs will challenge Corbyn in a contest that formally gets under way this week, after Owen Smith joined Angela Eagle in announcing a bid, with the winner expected to be named in September. Corbyn has been battling to keep his job since Britain’s shock vote on June 23 to leave the European Union, holding on despite a vote of no confidence backed by three-quarters of…
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