By Chaminda Jayanetti and cross-posted from Politics.co.uk

First, the good news. The political drive for austerity lies in tatters. Thatcherism is bankrupt. The toxic power of the Tory press has been shattered. Tory dreams of a landslide victory are dead. The Labour leadership question is settled for the foreseeable future.

That’s a fair bit of good news. But here it comes to a crashing halt.

Britain is on the brink of a political crisis at a national crunch point. There is no workable government. There is no credible prime minister.

The country is long-term divided – there hasn’t been a convincing majority in a general election since 2005, four elections ago. The Tories’ reputation remains toxic for millions post-Thatcher, and Brexit has toxified it in large parts of London and other Remain-heavy cities. Labour’s reputation remains in the mud post-crash for millions of others.

But it is Brexit that makes this all critical. Talks are due to begin in barely a week – and British politics has never been as unstable as it is now…

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