UK PM must 'ditch red lines', rule out no-deal Brexit: Corbyn

Labour says it will make a Brexit deal with the government - but only if a "no-deal Brexit" is ruled out.

Prime Minister Theresa May must "ditch the red lines" on Brexit after the defeat of the plan she had agreed with the EU, opposition Labour leader Jeremy Corbyn has warned.

 "Theresa May has to ditch the red lines and get serious about proposals for the future," Mr Corbyn said, adding that he was "open to discussions" with May on a compromise as long as she ruled out the possibility of a no-deal Brexit.

Opposition Labour Party leader Jeremy Corbyn called Theresa May's plan to leave the EU a “botched deal”. Source: AAP

"Prime minister, take it off the table and have a serious discussion about how we approach the future," he said, warning May against any attempt "to blackmail MPs to vote through her botched deal on a second attempt".

"If the government remains intransigent, if support for Labour's alternative and the country is facing the potential disaster of no-deal our duty will be too look at other options... including that of a public vote," he added.

May is due to present parliament with a revised Brexit plan on Monday after the divorce deal she had struck with the EU was rejected by MPs last week. Source: Press Association

Corbyn said Labour's alternative Brexit plan included a customs union with the EU, a strong single market relationship and protection of labour and environmental rights.

Corbyn said May's crushing defeat in parliament on Tuesday "has shredded the last vestiges" of her authority.