Search ForexCrunch

Following sterling’s rip on Friday, markets are now paying attention again to Brexit headlines that are ramping up from the weekend press.

  • Brexit: Theresa May will take a final desperate gamble to deliver Brexit this week – The Times

Just in, The Telegraph is reporting that PM Theresa May has held secret discussions over a three-way second referendum ahead of a crunch meeting with Labour this week to agree a cross-party Brexit deal.

The Prime Minister has carried out “scenario planning” with aides and ministers in case the Government cannot prevent a Parliamentary vote on a second referendum.

John McDonnell, the shadow Chancellor, said it “may well” be the case that any deal would have to be put to a second referendum, adding: “I think the Conservatives have to recognise that if a deal is going to go through there might be a large number of MPs who will want a public vote.”

Mrs May and her advisers are understood to have ‘war gamed’ the possibility of giving voters…

the paper reported.