OnthemarketBlog YouTube @property1 @onthemarketblog

Britain's opposition Labour Party ruled on Tuesday that its leader Jeremy Corbyn had the automatic right to stand in a new leadership contest, setting the stage for a struggle between the veteran socialist's supporters in the country and party lawmakers who want to oust him. The turmoil engulfing the 116-year-old party, which governed Britain for 13 years until 2010 under Tony Blair and Gordon Brown, comes as the country's political landscape is changing fast following a June 23 vote to leave the European Union. While the ruling Conservative Party has quickly appointed a new leader, Theresa May, to take over from Prime Minister David Cameron on Wednesday and pilot the 'Brexit' process, Labour's left-wing leadership is locked in a bitter internal power struggle with its more moderate members of parliament (MPs). As Labour looks to define its priorities for the upcoming Brexit negotiations, party lawmaker Angela Eagle has challenged Corbyn to a leadership con...