That No.10 Pantomime in Full

Thursday

8:00pm: No.10 briefing to Lobby: “I would say the going is tough, this could be a long night. Some real outstanding issues to resolve, it’s not clear how we’re going to do that.”

8:20pm: BBC reports No.10 source: “impasse… we thought there might be talk of bridges but still big gaps”, “talks pushed back”

Friday

5:29am: Times reports No.10 downbeat: “problems across the board”

7:50am: No.10 briefing to Lobby: “It’s hard going. Some signs of progress but nothing yet agreed and still a lot to do.”

8:15am: Amber Rudd is sent on Today“The deal is out of reach at the moment”

10:52am: No.10 brief the Lobby: “We may have a deal today, we may not. We may have Cabinet today, we may not. Tusk has told us he’s prepared to go into Sunday”

As the President of Lithuania said yesterday: “Everybody will have his own drama, then we will agree…”




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Quote of the Day

Mervyn King tells Central Banking magazine…

“The UK economy has to be rebalanced one way or another, remain or leave. We need a level of the exchange rate much closer to the level we had in the middle of 2013… We are now in a better position to rebalance the UK economy.”

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