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 Crisis in the wake of the coup saw the country strive for rapprochement throughout 1953 and 1954. Part of this process was the agreement, in 1953, to terminate British rule in Sudan by 1956 in return for Cairo's abandoning of its claim to suzerainty over the Nile Valley region. In October 1954, Britain and Egypt concluded an agreement on the phased evacuation of British troops from the Suez base, the terms of which agreed to withdrawal of all troops within 20 months, maintenance of the base to be continued, and for Britain to hold the right to return for seven years.