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Good morning from the newsroom of the Financial Times. Today is Tuesday,

February 26th, and this is your FT news briefing.

Today, England's opposition leader Jeremy Corbin opens the door to a new referendum on Brexit.

U.S. Vice President Mike Pence travels to Latin America to support opposition leader Juan Guido,

and Tesla Chief Elon Musk lands in legal trouble again after tweeting potentially market moving information.

Then, the FT's Anna Nickolow explains what this year's Academy Awards signal about broader business trends in the film industry.

I'm Jennifer Siegel and here's the news you need to start your day.

Britain's main opposition party has raised the prospect of a reversal on Brexit.

Jeremy Korman announced late on Monday that his party would back a new referendum on

whether Britain should leave the EU.

Korman made the announcement at a meeting of Labor MPs

after coming under pressure from his own supporters.

It's his clearest contrast to date with Prime Minister Theresa May's push to leave the EU.

Senior labor figures, including Emily Thornberry and John

McDonnell, indicated that they would back a second referendum

and that they would campaign to remain in the EU.

The support for a referendum marks a shift for Mr.

Corbin, who has previously resisted calls for another vote. Today the Labor

Party will introduce an amendment proposing its own plan for Brexit, which is expected to be rejected by the House

of Commons on Wednesday.

...