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PM Theresa May has held secret discussions over a three-way second referendum - Telegraph

Following sterling's rip on Friday, markets are now paying attention again to Brexit headlines that are ramping up from the weekend press.

  • Brexit: Theresa May will take a final desperate gamble to deliver Brexit this week - The Times

Just in, The Telegraph is reporting that PM Theresa May has held secret discussions over a three-way second referendum ahead of a crunch meeting with Labour this week to agree a cross-party Brexit deal.

The Prime Minister has carried out “scenario planning” with aides and ministers in case the Government cannot prevent a Parliamentary vote on a second referendum.

John McDonnell, the shadow Chancellor, said it “may well” be the case that any deal would have to be put to a second referendum, adding: “I think the Conservatives have to recognise that if a deal is going to go through there might be a large number of MPs who will want a public vote."

Mrs May and her advisers are understood to have 'war gamed' the possibility of giving voters...

the paper reported. 

Labour MPs say they won't back a Brexit deal without a people’s vote – The Guardian

On early Monday, the Guardian came out with a news report signaling further challenges to the UK PM May even after her hard efforts.
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GBP/USD: Heavy around 1.3160 as Brexit uncertainties loom in risk-off markets

In spite of its latest recovery, the GBP/USD pair still weigh heavy near 1.3160 during early-Monday as Brexit and risk-off looms large.
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