No Sign of Cross-Party Brexit Progress

GBP

Yesterday shadow Brexit secretary Sir Keir Starmer stated a cross-party Brexit deal will not get through Parliament unless it is subject to a fresh public vote. Deputy Labour leader Tom Watson and Sir Keir said that without a new referendum, up to 150 Labour MPs would vote against any agreement made.

Downing Street has said the Prime Minister remains opposed to any form of the referendum being attached to a Brexit deal, as the government prepares to enter its seventh week of talks with Labour with little sign of progress. May has opposed a second referendum and said on many occasions that she is focused on delivering the result of the first referendum. May’s spokesman declined to put a deadline on the talks but said the government was prepared to move on to a series of indicative votes in parliament if no resolution was made.

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09:30 – GBP: Average Earnings Index expected to fall to 3.4%