The Labour Party's ruling body - the National....>

UK: The Labour Party's ruling body - the National Executive Committee - decided

not to commit to a second referendum on any Brexit deal agreed with the Tories,

and has effectively only left this option open for any deal not backed by Labour

(i.e. May's deal, no-deal Brexit etc). Two interesting takeaways:

1. Does this mean a deal is more likely in the near-term? PM May yesterday

declared she wanted cross-party talks to conclude by the end of next week. That

seems optimistic, but perhaps she has indicated a willingness to back down on

some of her red lines and the Labour leadership sense they can get a deal

agreed. Reflecting this possibility, the Daily Telegraph today runs with the

headline: "Theresa May preparing to cave in to Labour demands on Brexit,

Eursceptics fear".