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You are here: Home / Brexit: a disaster decades in the making

Brexit: a disaster decades in the making

One week ago, against the advice of its political establishment, Britain narrowly voted to leave the European Union. Within a few days, that establishment was in the process of a full-scale implosion: the country is effectively without government or opposition, shorn of leadership, bereft of direction. As the pound crashed and markets tanked, the chancellor of the exchequer went missing for three days while Boris Johnson, the most prominent member of the Leave campaign, spent the weekend not sketching out a plan for the nation’s future, but playing cricket and writing his column for the Telegraph. Having asserted its right to sovereignty, the country can now find nobody to actually run it. Meanwhile, the very prize won in the referendum – to leave the EU – remains unclaimed. Article 50 of the Lisbon Treaty sets out the process for leaving the EU. Once invoked, a country has two years to negotiate the terms of the divorce. But no one will touch it. Prime Minister David Cameron, who led the losing campaign to remain in the EU, announced his resignation within hours of the result, insisting that his successor should be the one to pull the trigger. Johnson, who is favoured… Read full this story

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