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Tory MP George Freeman says the UK could face an economic meltdown
Britain formally leaves the EU at 11pm UK time on Friday, March 29, 2018
Macron sent letter of support to a 'Big Tent' political rally hosted by Freeman

Emmanuel Macron is backing a controversial move by Tory and Labour MPs to join forces to counter the risk of Brexit fuelling a rise in UK extremism.

The French President has endorsed a bid by Theresa May's former No 10 policy chief to forge a new cross-party 'coalition' of MPs opposed to a 'no-deal Brexit'.

Tory MP George Freeman says the UK faces a 'Black Monday' economic meltdown if, as an increasing number of politicians predict, it withdraws from the EU without an agreement in March.

Mr Macron has sent a letter of support to a 'Big Tent' political rally being hosted by Mr Freeman in Cambridge next month.

Mr Freeman, head of the Conservative Policy Forum, denies it is part of a plan to build a new centre party. He says the aim is to produce 'inspiring new ideas' to ensure post-Brexit Britain is a success.

But he linked it to a stark warning that a 'no-deal Brexit' could lead to a repeat of the so called 'Black Wednesday' in 1992 when Britain crashed out of the EU's Exchange Rate Mechanism.

John Major's Tory Government never recovered from the ensuing economic crisis – and Labour won the next three General Elections.

Mr Freeman says he fears a Brexit 'Black Monday' would do the same and result in Jeremy Corbyn leading a minority 'Hard-Left' Government.

If it did, Mr Freeman says Tory MPs like him could form a 'coalition' with moderate Labour MPs to keep Mr Corbyn out of No 10.

Equally, if it resulted in a minority 'Hard-Right' Tory Government led by Boris Johnson or Jacob Rees-Mogg, moderate Conservative MPs could join forces with Labour MPs to keep them out of power too.

Leading Tory and Labour figures are to attend Mr Freeman's 'Big Tent' event, which is being co-hosted by Baroness Sally Morgan, a former No 10 aide to Tony Blair.

Harriet Harman, ex-Blairite Minister Liam Byrne and anti-Corbyn Labour MP Ian Austin will rub shoulders with Cabinet Ministers Michael Gove and Liz Truss. Scots Conservative leader Ruth Davidson has pledged her support.

Mr Macron came to power after breaking away from France's Left-wing Socialist Party with his En Marche (Forward) movement, which crushed the Hard-Right Front National. He has been called a 'French Tony Blair'.

Mr Freeman, a descendant of Liberal Prime Minister William Gladstone, said he was 'delighted' to have Mr Macron's support, though some are bound to accuse the President of meddling in British politics.

http://www.dailymail.co.uk/news/arti...rt-Corbyn.html