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Theresa May speaks today from Downing Street. Photo: Jack Taylor/Getty Images

With Parliament having rejected every Brexit solution put forward so far, and an economically disastrous "no deal" exit from the EU looming, U.K. Prime Minister Theresa May said Tuesday that another "short" Brexit extension is necessary and that she's ready to compromise with the opposition Labour Party.

Details: After a marathon cabinet meeting during which members' phones were confiscated to avoid leaks, May offered to meet with opposition leader Jeremy Corbyn to seek a joint plan "to ensure that we leave the European Union and that we do so with a deal." Failing that, May proposed that she and Corbyn would agree on a series of votes to be put to Parliament, while promising that the government would stick to whatever plan gains majority support.

"This is a decisive moment in the story of these islands and it requires national unity to deliver the national interest."
— Theresa May

Our thought bubble: May's embrace of "national unity" comes pretty late in the game. Heretofore, she has prioritized holding together her Conservative Party, a large faction of which has lambasted her plan as far too "soft." She even offered to resign once Brexit is delivered in an attempt to win their support. But with all else having failed, May has finally decided she needs Labour votes to pass any plan through Parliament.

What to watch: May said that in order to carry out her new approach, the U.K. will need another extension of the Brexit deadline, which was already pushed back from March 29 to April 12.

  • The EU has been resistant to the idea of further extensions that only prolong the U.K.'s domestic political squabble.
  • May said a solution must be finalized by May 22 so that the U.K. isn't forced to take part in European elections, but the EU may not accept that proposal. "No deal" remains the default option unless and until an extension is agreed.

Go deeper: Everything you need to know about Brexit

Go deeper

Updated 14 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: Coronavirus may have been in U.S. in December 2019, study finds — Hospital crisis deepens as holiday season nears.
  2. Politics: Bipartisan group of senators unveil $908 billion COVID stimulus proposalFDA chief was called to West Wing to explain why agency hasn't moved faster on vaccine — The words that actually persuade people on the pandemic
  3. Vaccine: Moderna to file for FDA emergency use authorizationVaccinating rural America won't be easy — Being last in the vaccine queue is young people's next big COVID test.
  4. States: Cuomo orders emergency hospital protocols as New York's COVID capacity dwindles.
  5. World: European regulators to assess first COVID-19 vaccine by Dec. 29
  6. 🎧 Podcast: The state of play of the top vaccines.

Bipartisan group of senators unveils $908 billion COVID stimulus proposal

Sens. Joe Manchin (D-W.Va.) and Susan Collins (R-Maine) in the Capitol in 2018. Photo: Tom Williams/CQ Roll Call

A bipartisan group of senators on Tuesday proposed a $908 billion coronavirus stimulus package, in one of the few concrete steps toward COVID relief made by Congress in several months.

Why it matters: Recent data shows that the economic recovery is floundering as coronavirus cases surge and hospitals threaten to be overwhelmed heading into what is likely to be a grim winter.

Inside Patch's new local newsletter platform

Illustration: Annelise Capossela/Axios

Patch, the hyperlocal (and profitable) local digital news company, has built a new software platform called "Patch Labs" that lets local news reporters publish their own newsletters and websites, sources tell Axios.

Why it matters: It follows a growing trend of journalists going solo via newsletters at the national level.