UK PM across the wires after talks with Chancellor Merkel in Bavaria

  • seeks a balance between euro and non-euro nations
  • sees goodwill on all sides for good outcome in talks
  • UK-German relationship is strong
  • had an "excellent meeting" with Chancellor Merkel

The UK PM's crusade to garner favours out of the EU for his upcoming referendum continues at pace

Earlier this week I reported on his climb-down over a free vote for his own MPs

Meanwhile back home UK equities continue to tumble adding the pound's woes and GBPUSD has now exceeded last year's 1.4567 lows

Merkel to Cameron - An excellent meeting maybe Dave but don't push your luck