Sterling rose to a three day high against the dollar yesterday but was steady against other major currencies.

Today, Labour’s governing body will meet to decide on whether to call for a second referendum in their European election manifesto. The party is also involved in talks with the government to try to agree on a Brexit deal. The latest talks are said to have made ‘progress’ and were ‘productive’.

Meanwhile, activists in the Conservative Party have signed a petition opposing the Prime Minister’s leadership and Brexit strategy. Enough have signed to warrant an emergency vote on her future as PM. However, May’s office have said that any vote would not be binding, and there would also have to be a 28 day delay before such a vote could take place.

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