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Latest developments:

  • Deputy leader Tom Watson is expected to hold talks with trade unions to try to get them to withdraw support for Jeremy Corbyn
  • Angela Eagle warned Mr Corbyn she will 'resolve' the crisis if he 'doesn't take action'
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Corbyn refuses to step down over no confidence vote

Credit: PA

Jeremy Corbyn has refused to step down despite losing a no confidence vote from his party.

The Labour leader, who was elected nine months ago, said he would not resign and "betray" those who voted for him.

His full statement said:

In the aftermath of last week’s referendum, our country faces major challenges. Risks to the economy and living standards are growing. The public is divided.

The government is in disarray. Ministers have made it clear they have no exit plan, but are determined to make working people pay with a new round of cuts and tax rises.

Labour has the responsibility to give a lead where the government will not. We need to bring people together, hold the government to account, oppose austerity and set out a path to exit that will protect jobs and incomes.

To do that we need to stand together. Since I was elected leader of our party nine months ago, we have repeatedly defeated the government over its attacks on living standards.

Last month, Labour become the largest party in the local elections. In Thursday’s referendum, a narrow majority voted to leave, but two thirds of Labour supporters backed our call for a remain vote.

I was democratically elected leader of our party for a new kind of politics by 60% of Labour members and supporters, and I will not betray them by resigning. Today’s vote by MPs has no constitutional legitimacy.

We are a democratic party, with a clear constitution. Our people need Labour party members, trade unionists and MPs to unite behind my leadership at a critical time for our country.

– Jeremy Corbyn

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