Britain's opposition Labour Party will back a new referendum on Brexit afte...
LONDON - Britain’s opposition Labour Party will back a new referendum on Brexit after parliament defeated its alternative plan for leaving the European Union, its eurosceptic leader Jeremy Corbyn said, softening his reservations about a second popular vote.
After months of saying that Britain must leave the EU on time on March 29, May opened up the possibility on Tuesday of a short limited extension to the exit date. “After tonight’s votes in parliament, we’ll continue to push for a close economic relationship based on our credible alternative plan or a general election,” Corbyn said.John McDonnell, the second most powerful man in the Labour Party, said it would put down an amendment calling for a second referendum as soon as May brought a deal back to parliament.
French President Emmanuel Macron said on Wednesday that the EU would agree to extend the Brexit deadline beyond March 29 only if Britain justified such a request with a clear objective. After enduring more than 2-1/2 years of uncertainty since the 2016 referendum, some business chiefs are relieved the threat of a no-deal exit has been pushed back to late June though others said the delay merely prolonged the lack of clarity.
Goldman Sachs said it expected many Brexit-supporting Conservative lawmakers to accept a revised deal, partly because the Labour Party was tilting towards a second referendum.
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