“We are three-nil down and it is half time. We are in the dressing room having half time oranges and the plan is to wait until we are six-nil down and hope for a miracle in injury time? It just resembles a Greek tragedy and it only ends when everyone is dead,” financier Jeremy Hosking said on Friday.
Mr. Hosking has donated £375,000 (US$500,000 at the current GBP/USD exchange rate) to the Tories since 2015, emerging as a key donor with intraparty influence.
He called for a change in strategy, warning that the government’s current approach is ineffective.
“Mrs May has to be replaced as soon as possible. There needs to be an audit on the strategy – the strategy is not working. I feel like a bit like the story of the emperor’s new clothes – someone has got to say it – it ain’t working,” he added.
If the British government is unable to negotiate the terms of its withdrawal from the bloc by then, the UK could end up leaving the union without any trade deal with the EU in place, in what has been become known as a “hard Brexit ” scenario.