Uk politics

Labour's shadow chancellor, John McDonnell, has all but confirmed that the party is committed to leaving the single market. Here's the full transcript of his interview with Robert Peston this morning: RP: I’m joined by the shadow chancellor, one of Jeremy Corbyn’s closest confidants. Very good to see you, John McDonnell. John, first of all, if I could just start with where you go in parliament now. On Friday morning, you were talking in pretty explicit terms about how you thought you could end up in power even without a general election. How would that work? JM: Well, we put forward the proposal which was nothing special.

When I heard the Tories were cutting a deal with a party of bigots and terrorist-sympathisers, I thought, ‘would a national unity government really work?’ It turns out Theresa May is tapping up the DUP rather than the Labour Party. PMQs is accused of ‘yah-boo politics’ as it is; wait till the questions are asked and answered from behind balaclavas. Arlene Foster's party doesn't have the extensive paramilitary history of the Progressive Unionist Party, or Sinn Fein/IRA for that matter, but while Mrs Foster has forcefully rejected violence (she and her family were victims of terrorism during the Troubles) the DUP's past is murky to say the least.

One more quick observation on Labour. I was hanging around polling stations in my constituency on Thursday, somewhat in the manner of a wonk-nonce. The constituency is Middlesbrough South and East Cleveland. The enthusiasm of the voters and of the Labour activists was genuinely startling (and in truth a little uplifting). They were absolutely avid to vote. Labour had a canvasser on every station and loads more handing out flyers. I’d had three leaflets from Labour through my door in the previous three days. None from the Tories. No Conservative placards anywhere – although a nice Labour activist told me she’d seen one on the road to Marske. But it was the fervour among the Labour voters that was most striking.

The pound has plunged sharply on the exit poll, as markets start to come to terms with the idea that Theresa May might have blown it. It's 1.7 per cent down against the dollar, 1.8 per cent against the Euro - expect those gains to deepen if tonight's results confirm the results of the exit poll. For a simple reason: Theresa May asked for a general election to strengthen her hand in Brexit negotiations. If the public refuses to do so, she will be hugely weakened in the biggest negotiation that any Prime Minister has had to undertake. If, indeed, she survives long enough to undertake it - which is by no means certain if she does worse than David Cameron managed to do against Ed Miliband.

For much of last night’s STV debate, the last such contest in Scotland in this election, it looked as though the headline story would be the manner in which Ruth Davidson was hammered by all the other Scottish party leaders. The Tory leader was taken to task over the government’s changes to tax credits and, in particular, the so-called ‘rape clause’. Valiantly as she tried to defend herself she was unavoidably on the back foot. And then Nicola Sturgeon changed the subject. According to the first minister, in a private conversation just after the Brexit referendum, Kezia Dugdale, the Labour leader, told Sturgeon that she and her party were now open to the idea of a second referendum on independence. That, children, is what a nationalist dead cat looks like.

It is not often, especially in the midst of what has been a grimly dreadful election campaign for her, that one feels some measure of pity for Theresa May. But there she was today, gamely putting on her bravest, gamest, face when she was asked for her reaction to Donald Trump’s latest witless provocations.  The American president, you can hardly failed to have noticed, has not covered himself in glory since the weekend’s terrorist attack in London. When the city’s mayor, Sadiq Khan, suggested that Londoners should not be alarmed by the deployment of additional armed officers on the streets of London, Trump blustered “At least 7 dead and 48 wounded in terror attack and Mayor of London says there is ‘no reason to be alarmed!

Campaigning starts again tomorrow, but in his speech in Carlisle today Jeremy Corbyn made what is – for any Labour leader – a fairly obvious point: 'You cannot protect the public on the cheap. The police and security services must get the resources they need not 20,000 police cuts. Theresa May was warned by the Police Federation but she accused them of "crying wolf".' In a radical departure for Corbyn, that is exactly what happened.