London — British Prime Minister Theresa May will meet opposition leader Jeremy Corbyn on Wednesday to thrash out a Brexit compromise, a gamble that could finally see an EU divorce deal agreed — but also tear her party apart. After her EU withdrawal deal was rejected three times by MPs, with parliament and her Conservative Party hopelessly divided over Brexit, May said on Tuesday she would reach out to Corbyn in a bid to break the impasse. The UK was supposed to leave the EU last Friday, but three years after Britons backed leaving the bloc in a referendum, it is still unclear how, when or even if it will do so. May has been unable to persuade a hardcore eurosceptic group of own legislators to back the divorce agreement she struck with the EU because they argued it did not provide a decisive break with Europe. Her decision to seek another short delay to the current Brexit date of April 12 and turn instead for support from Labour, which wants to stay in a customs union with the EU, ma...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now