It looks like a pattern is emerging…………

EU 'sympathetic' over Scotland.

A Scottish government minister has said he received a "sympathetic hearing" from his European counterparts over Scotland's bid to remain in the EU. Farming Minister Fergus Ewing said he had informal talks with other agriculture ministers in Brussels. He said senior European officials told him that they would like to see Scotland as the EU's 28th member state. The prime minister has said that he wants the best deal for Scotland and the UK. Scottish Tory leader Ruth Davidson warned against "hijacking" the EU result to force an independence vote

German car makers warn on free movement.

German car makers have said that the UK will have to accept the free movement of EU citizens in return for access to the single market. Matthias Wissmann, from the German Automotive Industry Association, said the UK would have to accept the "bitter pill" of free movement. Restricting access to the UK was a key promise of the Leave campaign. Leave campaigners also argued that, to help car exports, Germany would push for a generous trade deal with the UK. However the Germany car makers appear to be taking a tough line. "We don't like to build new barriers... but any bid to secure full access to the single market would necessarily come with conditions. Everyone who negotiates on the British side will understand that," Mr Wissmann said. "If you want full access to the market, that comes necessarily with the free movement of people. That's the bitter pill the Brexiteers have to accept," he added.

George Osborne says tax rises and spending cuts needed.

Tax rises and spending cuts will be needed to deal with the "shock" to the UK economy caused by leaving the EU, Chancellor George Osborne has said. He said such decisions would be taken by the next prime minister, adding that his pre-referendum warnings "have started to be borne out by events". Speaking on BBC Radio 4's Today programme, Mr Osborne said he stood by his campaign warnings about the economic impact of a vote to leave the EU, saying life would not be "as economically rosy" outside. "It's very clear that the country is going to be poorer as a result of what's happening to the economy," he said. "We are absolutely going to have to provide fiscal security to people, in other words we are going to have to show the country and the world that the country can live within its means." Asked if that meant tax rises and spending cuts, he said: "Yes, absolutely. But that decision will come under a new prime minister - it's obviously not possible while the Conservative Party is having a leadership contest."

Market pressure eases after Brexit rout.

Pressure has eased on UK financial markets after two days of turmoil in the wake of the Brexit vote, with the FTSE 100 share index closing higher. The index ended up 2.64% at 6,140.39, while the FTSE 250 had gained 3.6%. The FTSE 100 lost 5.6% in the previous two trading sessions, while the more UK-focused FTSE 250 had slumped 13.7%. The pound also showed signs of recovery, rising 0.4% against the dollar to $1.3278 and adding 0.18% against the euro to €1.2018.

Jeremy Hunt suggests second EU referendum.

People should have their say on the terms of the UK's exit deal with the EU, Health Secretary Jeremy Hunt said. Mr Hunt, who said he was "seriously considering" a bid for the Conservative leadership, said this should be either through a general election or a second referendum. He called for a "sensible compromise" on free movement in exchange for single market access. In an article for the Daily Telegraph, Mr Hunt said the UK should negotiate a "Norway plus" option for the UK with Brussels, which would see "full access to the single market with a sensible compromise on free movement rules". Leave campaigners say the UK will get access to the single market without having to accept free movement of people - but other EU leaders have said this will not be possible.

Weak pound 'could raise supermarket prices'.

Supermarket prices could rise if the pound's fall continues, retail analysts have said. Some 40% of food consumed in the UK is imported meaning "any long term change in exchange rates may threaten the current period of cheaper groceries," according to Kantar Worldpanel. Online supermarket Ocado also said the weaker pound could lead to "inflationary pressure". The pound has fallen about 11% against the dollar since the Brexit vote. Tough competition from discount chains has helped to pushed the price of groceries lower over the past two years.

[Still much turbulence out there but it seems that the markets at least are getting over the first shock. Now reality sets in and some hard thinking and hard choices are no doubt being made. I’m sure that there’s still much to play for – just not for the England ‘football’ team.]

All details above from BBC News website.