Rolling coverage of the day’s political developments as they happen, as Theresa May tries to reach agreement on the UK-EU Brexit deal
We are in a position where we still need to find a way forward but, let me be very clear, the core issues that Ireland got agreement on at the start of this week are not changing.
Here are some fuller quotes from the George Osborne speech. I’m using the copy from the Press Association.
The essential question is going to be – is there going to be a change of leadership in this parliament? The Conservative party parliamentary party assumes there will be, the prime minister has said nothing about that. And at some point that is going to come to a head.
I would make the observation that it is the consensus view of the Conservative parliamentary Party that the leadership should change. So at some point something will happen.
If you as a party set yourselves against the future, if we’re hostile to business, if we think they are the problem not the solution, if the Cabinet game becomes who can get the most money out of the chancellor, if we’re anti-tech, if we talk about building homes but pretend they can only be built on brownfields, then we will lose our economic credibility and cause damage to our country’s economic future.
The Labour party chose to change its leadership rules, the new membership of the Labour party chose to head to the political fringes, and the Labour movement now lives with the consequences of that big decision.
And in my view, for all this undoubted ability to connect to younger and more disillusioned voters, Jeremy Corbyn remains the biggest obstacle to Labour winning an election.
I don’t rule it out [returning to the Commons] just because I think you can be foolish saying never to things, but it is certainly not what I think I’m going to be doing with my life in the future. I am very much enjoying editing the paper and for me aged 46, having had 20 years in politics, I’ve discovered a new career and a new life and I’m quite enjoying it.