Conservative leadership gets off the ground as UKIP leader resigns

London

A MUCH steadier sterling and the UK stock market ignored the resignation of UK Independence Party (UKIP) leader Nigel Farage, the original instigator of Britain's exit from the European Union (EU) or Brexit.

Mr Farage said he resigned because he had "done my bit", but that the party's "greatest potential" lay in attracting Labour voters, adding that he would not be backing any particular candidate to replace him.

Mr Farage was referring to the Labour Brexit supporters in the industrial areas where manufacturing plants of Rolls-Royce, Jaguar, Rover, BMW, Toyota, Nissan, Ford, Airbus and Tata Steel are based. Currently in the process of a vicious campaign to reject Labour leader Jeremy Corbyn, Mr Farage is hoping that Labour…