Tony Blair says that there is a 50% chance of another referendum on Brexit

LONDON (Reuters) – Former British Prime Minister Tony Blair said that there was a 50 percent chance of getting another referendum on Brexit because prime minister Theresa May said she would not be able to vote on the Brexit. probably would not have the majority needed to get a divorce in Parliament.

"What Brexit is proposing today will cause significant economic damage," Blair, a former prime minister from 1997 to 2007, told Reuters.

"I still believe that it is possible that the Brexit be stopped, I think that there is no majority in parliament for any proposal that the Prime Minister brings back," Blair said, adding that he wanted a second referendum.

Less than six months before the UK's exit from the European Union, the way the world's fifth largest economy and its pre-eminent international financial center will trade with the EU after Brexit will not be clear.

May tries to make a deal, but it is unclear if she could sell it at home, where she will need the approval of the British parliament.

Blair said European regulators would not want the European financial center to be out of their orbit, so jobs would be lost in the financial sector.

"Why ask this problem in an area of ​​the global economy where we occupy a prominent place in the world?" Said Blair, adding that the government had set aside the interests of the service sector.

Blair said that if the Brexit was actually going ahead and was followed by a Labor government led by Jeremy Corbyn, the country would then face a "truly damaging and difficult situation".

"This is the problem of the policies of the two big parties: they seem to think that we can do Brexit, then adopt all social legislation to make capitalism fairer and more equitable, and so on," Blair said. .

"They need to realize that if you participate in Brexit, your number one priority will be to make this place an attractive place for investors."