The leader of Britain's opposition Labour Party, Jeremy Corbyn, has the support of half his party's grassroots members, a poll published on Thursday showed, as he faces intense pressure to resign or face a leadership challenge. The YouGov poll for the Times newspaper showed 50 percent of party members would back Corbyn in a leadership contest, and 47 percent said they would not support him. A previous poll showed 64 percent would have voted for him in early May. Corbyn has refused to stand aside despite a revolt among the party's elected lawmakers, who say he did not campaign hard enough for a 'Remain' vote in the country's European union referendum, and who fear he cannot lead them to an election victory.
LONDON (Reuters) - Britain's decision to leave the European Union at a referendum last week is a "huge issue" for the country but is not likely to have much impact on the United States, a top U.S. central banker said on Thursday. James Bullard, president of the Federal Reserve Bank of St. Louis, said in a speech in London that global financial market had held up fairly well to the outcome of the vote and the size of the shock was manageable. (Writing by William Schomberg; editing by David Milliken)
LONDON (Reuters) - Britain should negotiate the preliminary terms of its exit from the European Union before triggering the formal Article 50 exit process, said Conservative lawmaker Michael Gove, who earlier on Thursday launched a bid to succeed Prime Minister David Cameron. "I believe that after we’ve had an opportunity to negotiate and to discuss with our European partners in preliminary terms the decision that the British people have reached then in due course Article 50 needs to be triggered," he told the BBC. (Reporting by William James; Editing by Guy Faulconbridge)