May meeting MPs to seek Brexit consensus, INSEAD professor Webber: She has one card to playStaff Writer | January 17, 2019
Theresa May is meeting MPs to try to find a way forward for Brexit, after her victory in the no-confidence vote.
Britain Theresa May said she wanted to approach discussions in a "constructive spir
Afterwards, Labour leader Jeremy Corbyn refused to join talks unless the threat of a no-deal exit was ruled out.
The PM said she wanted to approach discussions in a "constructive spirit".
She is to publish her new plan on EU withdrawal to Parliament on Monday, 21 January, with a full debate and the key vote on it scheduled for Tuesday, 29 January.
Douglas Webber, Professor of Political Science at INSEAD, commented: "Theresa May has one card she still might be able to play against the hardline Brexiteers in her party and that would be to threaten to legislate in favour of a second referendum. She now has until Monday to present a new plan to MPs.
"There is, however, a high risk that this move would provoke a lasting split in the Conservative Party, something which May has so far been at great pains to avoid.
"And, to work, it would also have to provoke a split in the Labour Party, which has so far tried to exploit the conflict over Brexit to bring down May and her government rather than take a clear stance against Brexit.
"The EU could probably be persuaded to re-negotiate aspects of the failed deal so that it would look more like the kind of relationship that Norway has with the EU.
"However, a revised deal of this kind would meet with the same objections from hard-line Brexiteers among Conservative MPs as the one defeated yesterday.
"In the end they may have to choose whether to compromise with May and endorse a deal which falls far short of what they really want or risk the formation of a cross-party parliamentary coalition that asks the EU to extend Article 50 while a second referendum is organized that could reverse the result of the first.
"It is only when they are staring defeat in the eyes that they are likely to make any such compromise. They will not be shifted by the prospect of a ‘no-deal Brexit’, no matter how negative the consequences of this outcome may look.” ■