Krishnan Guru-Murthy @ krishgm
May’s letter to Corbyn this afternoon sounds conciliatory in tone but says no to Customs Union and ensures her govt could vote against every piece of workers rights legislation if it wants. But she’s pulling him into the process - he could find himself saving her and her Brexit
If Corbyn is unable to stop his rebel MPs killing another Cooper-style move to avoid No Deal this Thursday there may only be one last chance at the end of this month. Then it might depend on Tory rebels. Big businesses meanwhile will have to take key costly decisions
David Henig @davidheniguk
This May-Corbyn letter may be conciliatory in tone but is unchanged on substance and quite revealing as to the PM's approach to Brexit... starting with finding the alternative arrangements to the backstop, despite having failed to do so for 18 months...
Next paragraph is interesting "the political declaration cannot be legally binding and.... provides for a spectrum of outcomes". That is quite some admission because it renders much of the rest of the letter invalid. Note no substance on Parliamentary consultation
First bullet point is pure cake on having all access to frictionless trade without single market or customs union. The PM still doesn't realise this is undeliverable, and only offered as a framing device by the EU (and non-binding...)
Third bullet point on workers rights is convoluted but ultimately no. Legislate in UK law can obviously be overturned easily, unlike treaty commitments. Again though the nature of the future relationship will ultimately decide
And again on security "we have secured agreement" clashes with the non-binding nature of the Political Declaration.
In summary too close a relationship for the Brexiteers, and too vague for Labour or anyone else (or to be rid of a backstop). Which is why she lost by 230.
Others have pointed out that May has abandoned a commitment to frictionless trade.
This is significant. Business will take that inboard and act accordingly.
It again sounds ominously like covert no deal.