It has been another rollercoaster week on Brexit. A late-night serving of fish and (possibly) chips for UK prime minister Boris Johnson and European Commission president Ursula von der Leyen in Brussels last week failed to break the deadlock. The outcome? Another deadline before which progress would be required as last Sunday was set as D-day. There was no time wasted in dialling up tensions with talks of ratchet clauses and the deployment of gun boats. However, as Sunday drew to a close, waters calmed and the decision was taken to continue talking.

There has been a noticeable change in tone in recent days giving the sense that business is finally being done. As we go to press, hopes of a deal are building. But this is a negotiation process where the mood can quickly shift and gained ground can be quickly lost. Nevertheless, some are predicting another good Friday agreement.