Theresa May, having ridden high in the nine months following her coronation as Tory leader and prime minister back in 2016, has now met with a dastardly fall. Since the June general election result - which robbed her of her parliamentary majority - everything seems to have gone belly up.

The Brexit negotiations appear to have ground to a halt. “There was nothing, zero, no progress,” said one official last week. Not surprisingly, there is now a deep sense of frustration, not to mention deep anxiety, about where things are heading. Philip Hammond, the current chancellor, has even warned that a “no deal” scenario would ground all aircraft on day one, clog up all the ports and impose a “hard” border in the North of Ireland.

 As Josh Holroyd discusses, the future for both the UK and EU under capitalism is one of stagnation, slump, and austerity. The chaos of Brexit is a precursor to further crises in Europe as the system continues to unravel.

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