Comments by UK PM spokesman, James Slack
- No firm end date for talks with Labour
- Further talks have been scheduled to bring the process to a conclusion
- Talks have been serious and constructive
There is some hopeful optimism that they can come up with some form of compromise before the European elections but I am still highly doubtful about that happening. There's plenty of smoke and mirrors at play here and I just don't see how either party will be willing to move their red lines as of yet.
The pound continues to stay perky on month-end demand with cable holding above the 1.3000 handle still and EUR/GBP down near the lows at 0.8623 currently.