The pound is choppy this morning after making some recovery against the euro and the dollar. This may be due to expectations that the Prime Minister will reveal her resignation date later today.

Sterling weakened again yesterday as pressure increased for the Prime Minister to resign.

Her Withdrawal Agreement Bill had been due to be published today, so that MPs would be given “the maximum possible time to study its detail.” However, it will now not be published or debated until early June.

The PM is due to meet Chairman of the 1922 committee, Graham Brady this morning. The committee held a secret ballot on Wednesday evening on whether or not to change party rules, to allow the Prime Minister to be voted out of office with immediate effect.

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