Eu

Today Nigel Farage has announced that he will be standing down as Ukip leader. Farage has pledged not to ‘unresign’ this time around, stating that now he has achieved his goal in the referendum, it’s time he ‘stood aside’ as leader of the party. This means that the search is on to find Farage’s successor. With Farage known to have a fractious relationship with some members of Ukip, his departure could mark a new more harmonious chapter for party relations. Steven Woolfe: Woolfe is the one to watch in the race. Loyal to Farage and with experience as an MEP, he has been being talked up as a future leader in Ukip circles

Der Speigel has published a fascinating write-up giving last week’s extraordinary events from Angela Merkel’s perspective. Specifically, it seems, she’s had enough of Jean-Claude Juncker, the egregious president of the European Commission, and has told him to bow out from future negotiations with the UK. She’s fed up of him insisting that Britain rushes to invoke Article 50. Indeed, her “utmost concern,” says the magazine, is “giving Britain as much time as possible” for an orderly transition. Here’s an extract:- At 1 p.m. on the Friday after the Brexit referendum, Merkel makes a statement to Berlin journalists in which — in contrast to Schulz — she does not demand a rapid British withdrawal. One

Referendum day is as nondescript and wet as the day before, happily spent in Cambridge at my son’s Leo’s graduation. Even here the coming vote intrudes. Some students say that the master of Trinity College has come out for Brexit. Leo’s boyfriend Eddie, newly graduated in German studies and about to head to a job in Berlin, worries about job prospects. Our lunch table is shared with genial and smiling but very divided family. The polling station is equally lively, a place for chat with neighbours. The working day is uneventful. Dinner with friends in the evening, asleep before the first results. I wake in the middle of the night,

In Italy, media coverage of the triumph of Brexit has been wall-to-wall as Italians worry about the collateral damage and wonder if they too dare… So far La bomba Britannica has hit the Milan stock market much harder than the London one. On Friday, Milan fell by 12 per cent against the FTSE-100’s 3.5 per cent. Italy’s banks — too numerous, too small, undercapitalised and saddled with alarming levels of toxic debt — took the biggest hit. New eurozone rules that ban government bailouts for big depositors have turned them into sitting ducks. Shares in Monte Paschi di Siena (bailed out once already in 2013 by Italy’s central bank) fell

A quick update on the BBC TV News. At ten o clock last night the programme ran a report from its idiotic northern correspondent, Ed Thomas, which attempted to suggest that the Leave campaign was responsible for nasty things being said to immigrants. Thomas is an appallingly partisan correspondent and presumably has his job because he is only person within the BBC with a vaguely northern accent. He chose to interview two neanderthals. Then over to the inestimable Laura Kuenssssberg, who referred to the UK’s ‘likely’ exit from the EU. No, Laura: exit. We have to keep watching these patently parti-pris buggers. The subtle and not so subtle way they

The only surprise result in Spain’s repeat general election on Sunday – rendered necessary by the impasse produced by December’s – was the failure of the new Spanish left to nudge the Socialists out of second place. The radical-left coalition Unidos Podemos (‘United We can’), a combination of Podemos (We Can) and Izquierda Unida (United Left), was expected to increase its joint share of the votes and take second-place behind the Conservative Popular Party (PP), replacing Pedro Sanchez’s PSOE as the dominant force of the Spanish left. Instead it came in third place, taking 21.11 per cent of the vote and 71 seats. Everything else was almost an exact re-run of December’s inconclusive vote, prompting