Menu

Search

  |   Commentary

Menu

  |   Commentary

Search

Brexit Series: Jeremy Corbyn likely to unite Conservative party after overwhelming deal defeat

Last night, Prime Minister May’s Brexit deal, which she described as the UK’s only and last resort, rejecting which would plunge the country into a crisis, was not just defeated but by a 432-202 margin. Currently, in the 650 members’ strong parliament, the UK Labour Party has only 256 seats, but the Conservative also lack the majority with just 317 seats. So, smaller parties are likely to be kingmakers.

After an overwhelming defeat of her Brexit agreement at 19:00 GMT voting yesterday, Prime Minister Theresa May faces a challenger not only to her leadership but her government at 19:00 GMT today. The challenger is none other than Opposition Labour Party leader Jeremy Corbyn, who championed the working middle-class voters in the last election and handed Mrs. May a minority government from her outright majority.

Mr. Corbyn is truly the man of the moment with his no-confidence motion, but he is also Mrs. May’s biggest hope of uniting her fragile coalition and bringing the rebels within the Conservative Party together with the Pro-deal group. According to internal sources, even those who were opposed to Mrs. May’s agreement, are more disgusted and scared of the idea - “Mr. Corbyn leading Brexit negotiations after winning a snap election”. Almost none in the government interested in a snap election.

Insiders suggest that Mrs. May government might actually survive today, but only by a narrow margin.

 

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.