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Emerging from a day of client meets. After brief check in with all sides, our basecase remains the same. Although @theresa_may & @jeremycorbyn will carry on talking, we remain sceptical of a breakthrough /1
@theresa_may appears to want to stop short of the permanent customs union sought by Labour - perhaps a "temporary customs arrangement."
Many Tory MPs furious at May for supping with the devil; Cabinet resignations likely if PM opts for customs union and/or referendum /2
Many Tory MPs furious at May for supping with the devil; Cabinet resignations likely if PM opts for customs union and/or referendum /2
@jeremycorbyn also under growing pressure to back people’s vote in line with Labour policy, but like May doesn’t want one. Labour sources admit party leadership is “terrified” of being blamed for failure of talks. Suspect Downing St already planning “blame game” /3
Also no sign of Commons votes on Plan B - so @theresa_may might only be able to tell next Wednesday’s #EUCO that @jeremycorbyn talks are making progress. EU27 unlikely to be impressed - but can kick is still basecase, even if leader's debate will be a difficult one /ENDS
