Welcome to F.T. Politics, a weekly discussion on what's happening in Westminster from the Financial Times.

I'm Sebastian Payne.

In this episode, we'll be discussing whether the prospect of a second referendum are gradually

rising and whether the UK is heading for a Norway-style relationship with the EU after Brexit.

I'm delighted to be joined by Jim Picard, our chief political correspondent, columnist Robert Shrimsley,

Economic commentator Martin Sandbou, and Deputy Peter Miranda Green.

Thank you all for joining. If you like this episode of FT Politics,

then don't forget to subscribe through all the virtual channels to receive it

every Saturday morning. If you're feeling

particularly generous then do leave us a nice review on the iTunes store.

So once again it's Brexit and nothing else in the news.

And one of the big stories this week is where the Labour Party is beginning to swing

round towards supporting a second referendum or a so-called people's vote.

There were some very interesting comments from John McDonnell, the Shadow Chancellor

who seems to be gradually changing the

party's position, but is this fundamentally going to mean anything if and when Theresa May's

deal comes to the House of Commons in a couple of weeks time?

Jim Picard, let's begin with this John McDonnell

interview now he's obviously very much a power base within the Labour Party he has a

history of laying the groundwork for policies for Jeremy Corbyn the actual

leader to change party policy on this.

He was talking about Brexit this week, what did he say?

...