Jeremy Corbyn will face calls for his resignation when Labour MPs meet again on Monday.

The Labour leader – who has never commanded majority support among Labour MPs – is under fire for failing to persuade traditional Labour voters to back the Remain campaign.

Angela Smith, the maverick Labour MP for Penistone, was the first to break cover and call for Corbyn to go.

6 ways Britain leaving the EU will affect you

She said: “Jeremy Corbyn has got to take responsibility. He should consider his position. He’s shown insufficient leadership.”

One prominent backbench MP who believes that Corbyn should resign has told The Independent: “I’m going to say so at the PLP (Parliamentary Labour Party). No doubt it will leak after the meeting.

“I don’t think that Jeremy Corbyn is the one most to blame for this. I’m absolutely furious with the Boris Johnsons who lied, and lied and lied – and people believed that eight million Turks were going to come here, they believed there would be £350 million for the NHS.

6 ways Britain leaving the EU will affect you Show all 6 1 /6 6 ways Britain leaving the EU will affect you 6 ways Britain leaving the EU will affect you More expensive foreign holidays The first practical effect of a vote to Leave is that the pound will be worth less abroad, meaning foreign holidays will cost us more nito100 6 ways Britain leaving the EU will affect you No immediate change in immigration status The Prime Minister will have to address other immediate concerns. He is likely to reassure nationals of other EU countries living in the UK that their status is unchanged. That is what the Leave campaign has said, so, even after the Brexit negotiations are complete, those who are already in the UK would be allowed to stay Getty 6 ways Britain leaving the EU will affect you Higher inflation A lower pound means that imports would become more expensive. This is likely to mean the return of inflation – a phenomenon with which many of us are unfamiliar because prices have been stable for so long, rising at no more than about 2 per cent a year. The effect may probably not be particularly noticeable in the first few months. At first price rises would be confined to imported goods – food and clothes being the most obvious – but inflation has a tendency to spread and to gain its own momentum AFP/Getty Images 6 ways Britain leaving the EU will affect you Interest rates might rise The trouble with inflation is that the Bank of England has a legal obligation to keep it as close to 2 per cent a year as possible. If a fall in the pound threatens to push prices up faster than this, the Bank will raise interest rates. This acts against inflation in three ways. First, it makes the pound more attractive, because deposits in pounds will earn higher interest. Second, it reduces demand by putting up the cost of borrowing, and especially by taking larger mortgage payments out of the economy. Third, it makes it more expensive for businesses to borrow to expand output Getty 6 ways Britain leaving the EU will affect you Did somebody say recession? Mr Carney, the Treasury and a range of international economists have warned about this. Many Leave voters appear not to have believed them, or to think that they are exaggerating small, long-term effects. But there is no doubt that the Leave vote is a negative shock to the economy. This is because it changes expectations about the economy’s future performance. Even though Britain is not actually be leaving the EU for at least two years, companies and investors will start to move money out of Britain, or to scale back plans for expansion, because they are less confident about what would happen after 2018 AFP/Getty Images 6 ways Britain leaving the EU will affect you And we wouldn’t even get our money back All this will be happening while the Prime Minister, whoever he or she is, is negotiating the terms of our future access to the EU single market. In the meantime, our trade with the EU would be unaffected, except that companies elsewhere in the EU may be less interested in buying from us or selling to us, expecting tariff barriers to go up in two years’ time. Whoever the Chancellor is, he or she may feel the need to bring in a new Budget Getty Images

“But there was also a failure of Labour leadership. If we had campaigned better, we could have got another half a million votes for Remain.”

Tony Blair described Labour’s contribution to the Remain campaign as “pretty lukewarm”. Lord Mandelson, a former Labour Deputy Prime Minister and ally of Tony Blair, said that Mr Corbyn’s voice had been “curiously muted” during the campaign. He added: “But when he did say anything there were mixed messages.”

Mr Corbyn spent most of his political life arguing for Britain to leave the EU. He voted against signing major treaties with the EU in 1992 and 2007, but during the referendum he campaigned on a promise that if the country voted Remain, he would lead a campaign to reform it from within.

But unlike other Labour figures such as Labour’s Mayor, Sadiq Khan, Mr Corbyn refused to share a platform with David Cameron, a decision which cost him opportunities to reach a mass audience during the campaign. One survey suggested that half of Labour natural supporters did not know the party was in favour of Remain.

News that Labour MPs hope to use the post-referendum crisis as an opportunity to oust him will come as no surprise to the Labour leader’s office. The Spectator magazine has obtained a leaked copy of a briefing paper drawn up by Mr Corbyn’s staff setting our arguments to answers to those who say Mr Corbyn shares some of the blame the defeat of the Remain side.

Brexit: David Cameron resigns