Tony Blair suggests a second referendum to reverse Brexit
Former British Prime Minister Tony Blair says Britain should keep its “options open” on whether or not to leave the European Union until after Brexit talks with the bloc are completed.
During an interview on Friday with BBC Radio 4's “Today” program, Blair described the EU referendum as “a catastrophe” and said UK voters should be given the option of a second EU referendum.
Britain should not withdraw from the EU until it becomes clearer how Brexit would impact UK’s economic, social and cultural future, Blair said.
"The bizarre thing about this referendum is that we took a decision but we still don't know the precise terms,” he said. “There’s got to be some way, either through parliament, or through an election, possibly through another referendum, that people express their view.”
The former premier, who was in office from 1997 until 2007, said it should be possible for the public to switch their verdict if it becomes clear the alternative negotiated by Prime Minister Theresa May is going to be worse.
Blair’s argument contrasts sharply with that of May, who has repeatedly said that “Brexit means Brexit” and that she’ll respect the referendum result. Blair had argued that Britain should stay in the EU before the referendum.
Economic growth in the UK is expected to slow significantly next year, due to uncertainty over of the Brexit vote.
Experts have warned that leaving the EU will severely hurt London’s position as a financial hub, unless the UK decides to keep its access to the single EU market by loosening its stance on immigration.
If the UK loses its access to the EU’s single market, the resulting increase in the costs of doing business and exporting to the EU would hurt Britain’s competitive position in Europe.
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