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		</div><p>The threat of a Labour split dominated an increasingly bitter battle for the leadership as Jeremy Corbyn branded talk of a breakaway parliamentary party &#8220;bizarre&#8221;.</p>
<p>After reports dissenting MPs are preparing to elect their own leader and launch a legal challenge for the party&#8217;s name and assets if Owen Smith fails to win the top job, Mr Corbyn insisted they would never be able to take the Labour name.</p>
<p>&#8220;We are getting into some fairly bizarre territory here where unnamed MPs, funded from unnamed sources, are apparently trying to challenge &#8211; via the Daily Telegraph, very interesting &#8211; the very existence of this party.</p>
<p>&#8220;I say to them: &#8216;think on, and think again&#8217;. This party was founded by brave people, pioneers who achieved a great deal, and this party has a huge membership and under the Registration of Parties Act we are the Labour Party.</p>
<p>&#8220;There&#8217;s no alternative, there&#8217;s no other party, we are the Labour Party, and I&#8217;m very proud to be the leader of the Labour Party,&#8221; Mr Corbyn said.</p>
<p>Mr Corbyn denied his leadership could trigger a split, saying: &#8220;Sorry, this is nonsense, whoever is saying my leadership is leading to a break-up of the party? Since I became leader membership has doubled, activity has increased.&#8221;</p>
<p>Shadow chancellor John McDonnell urged Mr Smith to condemn &#8220;the minority of MPs supporting his campaign who are threatening to subvert the outcome of this election and cause enormous damage to the Labour Party&#8221;.</p>
<p>Mr Smith, campaigning in the Corbybn stronghold of Liverpool, insisted he was fighting for the leadership in order to prevent a split as the party was now on the edge of a &#8220;precipice&#8221;.</p>
<p>&#8220;It would be a total disaster for working people in this country if the Labour Party, the party that&#8217;s been on their side for 100 years or more, were to split. Absolute disaster.</p>
<p>&#8220;I&#8217;m refusing even to contemplate that happening. I&#8217;m standing in order to unite the party and stop the split from occurring,&#8221; he told ITV News.</p>
<p>Mr Smith told the BBC: &#8220;I do worry about there being a split. I say this very seriously, I think the Labour Party is standing on the edge of a precipice right now.&#8221;</p>
<p>Mr Corbyn said he and the shadow chancellor engaged in a &#8220;Super Saturday&#8221; of grassroots campaigning across the country.</p>
<p>The outcome of the leadership election will be announced on September 24.</p>
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