History of the Labour Party (UK) all means of production in the British economy, and Britain's entry into the European Economic Community (EEC). Tensions between the two opposing sides were exacerbated after Attlee resigned as leader in 1955 and Gaitskell defeated Bevan in the leadership election that followed. The party was briefly revived and unified during the Suez Crisis of 1956. The Conservative party was badly damaged by the incident while Labour was rejuvenated by its opposition to the policy of prime minister Anthony Eden. But Eden was replaced by Harold Macmillan, while the economy continued to improve. In the 1959 election the Conservatives fought under
Suez 1956, just a few days after the fourth anniversary of the Egyptian Revolution of 1952, the Egyptian government under President Gamal Abdel Nasser nationalised the Suez Canal Company, which had been run by the French and owned privately, with the British as the largest shareholders. The Israeli–British–French invasion of Egypt which followed is known in Egypt as the Tripartite Aggression but elsewhere as the Suez Crisis. Following Israel's invasion and occupation of Egypt's Sinai Peninsula in the Six-Day War of 1967, the Canal was closed, and did not reopen until 1975. Today, the Canal is a vital link in world