Comments by UK PM May spokesman, James Slack

  • Meeting is part of detailed and sensible preparations in case of a no-deal scenario
  • Chequers is the only Brexit plan on the table, hopes for support in parliament

Add that to the calendar, folks. She's still insisting on the Chequers proposal as the only real and viable option. Up until now, there's been no clear cut hints that Barnier is willing to go through with that and earlier in the day Steve Baker's comments here suggests that she is going to have a tough time to appease parliament.

It's crunch time now for Brexit negotiations, so expect the pound to be centered around trading the sentiment over the next few months. Remember, 200 days to go before the scheduled Brexit date. Tick tock, tick tock.