UK lawmakers urge Corbyn to back second referendum on Brexit
British MPs are calling on Labour leader Jeremy Corbyn to back a second Brexit referendum to force the UK government to hold another public vote.
Several British MPs have called on Labour leader Jeremy Corbyn to support a second referendum on Brexit, with his party’s support crucial to forcing the government to hold a second vote on Britain’s withdrawal from the EU.
The House of Commons remains in deadlock over Brexit, with MPs in parliament voting to overwhelmingly reject Theresa May’s deal and few alternatives insight to break the impasse other than Britain leaving without a deal in place.
Theresa May refuses to hold second referendum
Without the full support of Corbyn and the Labour party for a second referendum it is unlikely that another vote will be held, with May adamant that her government will respect the decision of the British people where 52% of UK citizens voted to leave the EU.
As it stands, Corbyn has refrained from supporting a second referendum, but believes that the option should remain on the table and has refused to hold cross-party talks with May until she rules out a no-deal Brexit.
Brexit deadline looms large
For many MPs a second referendum appears to be the only way to break the Brexit deadlock in the House of Commons by leaving Britain’s fate in the hands of the public once more.
‘The clock is ticking and at this late stage, I appeal to Jeremy Corbyn to do the right thing by the majority of our voters, our supporters and members and back a people’s vote,’ Labour MP Luciana Berger said. ‘The time for action is now,’ she added.
Meanwhile, Conservative MP Sarah Wollaston stressed just how crucial Corbyn’s support for a second referendum is, as without it the motion will likely be defeated in parliament.
‘Without the unequivocal backing of the Labour leadership at the moment we would not have the numbers,” Wollaston said.
IGA, may distribute information/research produced by its respective foreign affiliates within the IG Group of companies pursuant to an arrangement under Regulation 32C of the Financial Advisers Regulations. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, IGA accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore recipients should contact IGA at 6390 5118 for matters arising from, or in connection with the information distributed.
The information/research herein is prepared by IG Asia Pte Ltd (IGA) and its foreign affiliated companies (collectively known as the IG Group) and is intended for general circulation only. It does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
No representation or warranty is given as to the accuracy or completeness of this information. Consequently, any person acting on it does so entirely at their own risk. Please see important Research Disclaimer.
Please also note that the information does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. Any views and opinions expressed may be changed without an update.
Trading around Brexit
Find out how the UK’s exit from the EU continues to affect traders, and discover:
- The unique opportunities in a ‘hard’ and ‘soft’ Brexit
- The markets you should be watching
- Everything that’s happened so far
Live prices on most popular markets
- Forex
- Shares
- Indices
See more forex live prices
See more shares live prices
Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.
See more indices live prices
Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 20 mins.