Blair Offers Fresh Brexit Referendum, Gets Slammed as 'Tendentious'

Jeremy Corbyn and John McDonnell

Mr Blair insisted there was "little doubt that Brexit is causing economic difficulty" but said it was not the only reason for allowing "the right for people to think again".

However, following the Brexit referendum, in November 2016, the OBR was forced to admit they had been "too gloomy" about the United Kingdom economy after a Brexit vote and their recent productivity forecast was criticised as the return of "project fear".

Supporters of Brexit accused Blair of undermining both Britain's negotiations with the European Union and the will of the people.

The first stage of talks has been delayed and dogged by disagreements over issues such as the size of the bill to settle the UK's accounts and the state of the land border between EU-member Ireland and the UK.

"The renewed weakness of productivity growth over the first half of 2017 will nearly certainly have been exacerbated by the Brexit Vote", the Tony Blair Institute for Change quotes the OBR as saying. He described 2018 as "the year when the fate of Brexit and thus of Britain will be decided". The government said that the country is due to leave the European Union on March 29 next year, with or without a deal in place. "They voted to leave".

In Mr Blair's latest article published on his institute's website, he offered this advice to Jeremy Corbyn and his team: "At every PMQs nail each myth of the Brexit campaign, say why the Tory divisions are weakening our country, something only credible if we are opposed to Brexit, not advocating a different Brexit, and challenge the whole farce head on of a prime minister leading our nation in a direction which even today she can't bring herself to say she would vote for".

Mr Blair accuses Labour of having a "confusing" position on the issue, and argues the Opposition party's "timidity" will see it become "the handmaiden of Brexit".

Can Brexit be reversed?

Yes, says the man who helped write rule book The data illustrate that Mrs May is beholden to her party members, which make up just a fraction of the electorate, which was split - 52 per cent to 48 per cent - in favor of Brexit in the referendum in 2016.

Just 14 per cent of Conservatives favour holding a second vote that might reverse Brexit, according to the YouGov survey of political party members for Queen Mary University of London.

The former Conservative chancellor Norman Lamont said that Mr Blair's comments were "pure cynicism" and "simply an attempt to sabotage the result of the referendum".

Labour leader Jeremy Corbyn later hit back at the bank, saying: "They're right: We're a threat to a damaging and failed system that is rigged for the few".

"The fact is the so-called advantages of the single market are very much overstated", he told the BBC.

Related News:

  • Huntington Bancshares Incorporated (HBAN) Sees Large Increase in Short Interest

    In related news, insider Helga Houston sold 14,513 shares of the stock in a transaction that occurred on Thursday, November 2nd. It is negative, as 22 investors sold VAC shares while 80 reduced holdings. 121 funds opened positions while 587 raised stakes.
    Rescue Crews Make Their Way Into Worst-Hit Mudslide Areas

    Rescue Crews Make Their Way Into Worst-Hit Mudslide Areas

    The Los Angeles Times noted that rescue teams have been forced to use helicopters because many roads in the area are impassable. The fast-moving mud worked like concrete, destroying everything in its path Tuesday.
    Legendary Broadcaster Keith Jackson Has Passed Away

    Legendary Broadcaster Keith Jackson Has Passed Away

    He covered everything from minor league baseball games to the Olympics during his 50-year run as a sports broadcaster. ET game was appointment viewing for many college football fans as it was traditionally the weekend's marquee game.
  • Amazon's Alexa Is Coming to Some Toyota and Lexus Cars

    Amazon's Alexa Is Coming to Some Toyota and Lexus Cars

    Amazon hasn't said whether it will release its own branded smart glasses with Alexa , but Travers expects it to happen. The announcement came from Panasonic, which said the feature can function even if there is no internet connectivity.
    Trump under impression he and Kim 'probably' on good terms

    Trump under impression he and Kim 'probably' on good terms

    In its statement of attendance at the Winter Olympics, North Korea said it would dispatch a "high-level delegation". Kim may not feel as friendly toward Trump, based on what he's said about the president.
    Ionescu, Hebard lead No. 8 OR  women past Arizona 62-44

    Ionescu, Hebard lead No. 8 OR women past Arizona 62-44

    OR used a late spurt to go up eight points and hit four free throws in the final 32 seconds to earn its biggest win of the season. Neither team scored in the final three minutes of the half, and the Beavers did not score in the final 5 1/2 minutes.
  • Real Madrid v Santiago Bernabeu 13 January 2018

    Real Madrid v Santiago Bernabeu 13 January 2018

    Last season, Madrid picked up four points, drawing 1-1 at the Santiago Bernabeu and winning 3-2 in the reverse fixture. Real Madrid have been constantly linked with a move for the Spain global and even came close to signing him in 2015.

    Exxon Mobil Corporation (XOM) and Chevron Corporation (CVX) Go Head-to-head

    The stock of Exxon Mobil Corporation ( NYSE : XOM ) earned "Underperform" rating by Macquarie Research on Wednesday, September 23. Baystate Wealth Mgmt Limited Liability Company holds 0.01% or 269 shares. 299,229 are owned by Capital One Association.

    Alexion Pharmaceuticals, Inc. (ALXN) Insider Trading: HANTSON LUDWIG sold 2553 Shares

    Sequent Asset Management Ltd Limited Liability Company has invested 0.41% of its portfolio in Alexion Pharmaceuticals, Inc . It dropped, as 14 investors sold HALO shares while 44 reduced holdings. 142 funds opened positions while 524 raised stakes.
  • Analysts Opinions on: Cisco Systems, Inc. (NASDAQ:CSCO)

    Hence the difference between Predicted EPS and Actual EPS reported is $0.01/share which shows an Earnings Surprise of 1.7 Percent. Loews Corp increased its stake in Cisco Systems Inc (CSCO ) by 10% based on its latest 2017Q3 regulatory filing with the SEC.
    Rapid temperature drop, wintry mix coming this evening

    Rapid temperature drop, wintry mix coming this evening

    Rainfall across the watch area will be up to an inch and a half even before the transition to wintry precipitation begins. There may be enough moisture to work with to generate snow, according to the National Weather Service .
    Encana Corp (ECA) Shares Bought by Nexus Investment Management Inc

    Encana Corp (ECA) Shares Bought by Nexus Investment Management Inc

    Some investors will go to greater lengths, such as making sure that they have a good reason behind every buy or sell decision. On Monday, July 31 the insider Muilenburg Dennis A sold $13.84 million. $520,000 worth of Constellation Brands, Inc.


Most liked

Bright Rock Capital Management LLC Purchases New Position in Watsco Inc (WSO)
Another trade for 2,522 shares valued at $616,499 was sold by Verbeck Robert E. (NYSE:KRO) is performing 3.65%. Morgan Stanley maintained the shares of WSO in report on Thursday, October 26 with "Underweight" rating.

Colts Will Interview Steve Wilks for Head Coaching Job
Wilks does have a connection to the Giants, as their new general manager, Dave Gettleman, previously was GM for the Panthers. And we don't have any preconceived notion about whether it has to be an offensive or a defensive coach.

Korea names delegates for inter-Korean talks
North Korea has long denounced the military drills as a war rehearsal and used them as an excuse for its provocations. President Donald Trump and South Korean President Moon Jae-in this morning, U.S.

Spartak Moscow in racism row after controversial video posted on Twitter
Spartak Moscow once again find themselves mired in a racism scandal, this morning tweeting a racial slur about one of their own players.

Brown questionable for Steelers matchup Sunday
Brown set an National Football League record with 100-plus receptions in five consecutive seasons, including 101 this season. Brown injured his calf on the 21st offensive snap against the Patriots on December 17.

Dark Souls Remastered will not be using new assets
Dark Souls remaster is welcome news for longtime fans of the original game. The last Dark Souls was Dark Souls 3 , which was released in 2016.

Sawyer & Company Inc Takes Position in Cardinal Health Inc (CAH)
The rating was maintained by RBC Capital Markets with "Outperform" on Monday, August 17. (NYSE:CAH) rating on Tuesday, November 7. Needham & Company LLC reaffirmed a "hold" rating on shares of Cardinal Health in a research report on Thursday, October 12th.

Betting On First Data Corporation (NYSE:FDC) ?
In other news, insider Andrew Gelb sold 7,473 shares of First Data stock in a transaction that occurred on Monday, November 20th. Analysts believe that the company has the potential to earn average revenue of $1.94 Billion for the current quarter.

Dimensional Fund Advisors LP Grows Holdings in Pattern Energy Group Inc (PEGI)
Cambridge Investment Research Advisors Inc increased Pattern Energy Group ( PEGI ) stake by 120.03% reported in 2017Q3 SEC filing. Three research analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock.

West Brom midfielder Gareth Barry: Brighton can kickstart survival push
We need to get our home fans behind us and win five of the remaining home games. If we beat Brighton, that's another one.

Liverpool vs Manchester City
Sergio Aguero has scored in all six home league matches he has played against Liverpool , but he is yet to score at Anfield . The victor of this battle on the pitch could well decide the victor of the match. "With Van Dijk they are even better".

Rowe Price Group Inc (TROW) VP Sells $9460964.40 in Stock
About 2.40 million shares traded. 3D Systems Corporation (NYSE:DDD) has risen 77.31% since January 11, 2017 and is uptrending. Rowe Price Group Inc will post 5.32 EPS for the current fiscal year. (NASDAQ:TROW) on Friday, September 9 with "Hold" rating.

BlackRock, Inc. Earnings Results Sends Stock Higher
In related news, Director Susan Wagner sold 4,000 shares of the business's stock in a transaction on Thursday, November 30th. Klingenstein Fields Limited Liability Company holds 0.01% of its portfolio in BlackRock, Inc . (NYSE: BLK ) for 424 shares.

Man United enquire about surprise Premier League target
" Zlatan is injured, or is not totally happy with his condition ", explained Mourinho. Ibrahimovic (knee) could return to training by the end of January.

H&M stores in South Africa ransacked over 'racist' hoodie advert
The Sandton Chronicle reported Police Captain Granvile Meyer said: 'The EFF supporters have caused damage inside the [H&M] store. General manager of the Menlyn Park shopping centre Olive Ndebele confirmed the skirmishes.