No. 10 Loses Half its FTSE Support Since Dave’s Deal

Last Thursday, before the EU council meeting, the Telegraph had a briefing that “more than 80 FTSE 100 firms” were about to support Dave’s deal and back Remain:

Yesterday, after the deal, the FT reported that only 50 FTSE bosses were going to sign the letter supporting Remain:

As Guido revealed, the stunt had been drafted and orchestrated by Downing Street civil servants, and was lined up to appear in today’s Times. Sure enough, here it is in this morning’s paper:

Yet just 36 FTSE 100 bosses have signed…

Five days ago, journalists were being briefed that No.10 and Remain had 80 FTSE bosses backing them. Since the EU council meeting and the deal, more than half no longer fancied giving their support. Just 36 names for the letter backing Dave’s deal is positively paltry… 

H/T @suttonnick



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Quote of the Day

Geert Bourgeois, prime minister of Flanders, Belgium on the emerging Brexit consensus

“More and more people now agree that there has to be a ‘soft Brexit’, I can’t imagine a situation where we have more barriers on trade in both directions. You are our fourth biggest export market. It is in our mutual interest to find a solution, and the majority of the EU now agrees that anything other than a soft Brexit would have a huge cost… We will be able to negotiate a trade agreement. It may be sui generis but it can be done…”

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