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
East of Suez Hong Kong, North Borneo, Sarawak) and Australia. The fall of Singapore to the Japanese on 15 February 1942 damaged the empire as it lost a strategic imperial outpost and laid the seeds of the collapse of British imperial power, post World War II. Then, with Indian independence in 1947, there was a gradual draw-down of the military presence “East of Suez”, marking the collapse of the empire. The Suez Crisis—a diplomatic and military confrontation in November 1956, caused by the nationalization of Suez Canal by Egyptian President Gamal Abdel Nasser—ended in Egypt taking full control of the canal. The economic