Exit-stential Threats to the UK
This weekend, all eyes were on events abroad...
This was a quiet weekend for British politics, with all eyes on events abroad. As the number of British causalities in the Tunisia massacre looks likely to rise to over 30, David Cameron’s focus will be pulled away from the situation in Europe to leading Britain’s response to ‘the struggle of our generation’. Comparing the war against ISIS to the conflict against Communism in the 80s, Cameron has argued the UK needs to do everything it can to fight the threat and defend British values, though his reduction in the defence budget looks to be at odds with that aim, and his backbenchers have noticed.
Meanwhile, Greece looks to be moving even closer towards exiting the Eurozone, with its banks now shut until after the bailout referendum on Sunday 5th July. This has shaken financial markets across the world and sent shares in banks across Europe down. David Cameron has refused to be drawn on whether a Greek exit from the EU would put the UK in a stronger position to renegotiate its relationship with the EU, but given Europe’s leaders are going to such great lengths to keep Greece in the Eurozone, it seems likely that they’d do the same for the UK when push-comes-to-shove.