Pound surges higher on hopes of Brexit breakthrough
Frenzied speculation over the possibility of an imminent breakthrough on Brexit saw the pound surge yesterday.
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Frenzied speculation over the possibility of an imminent breakthrough on Brexit saw the pound surge yesterday.
The release of a joint statement from Boris Johnson and Irish leader Leo Varadkar saw the pound leap yesterday afternoon.
Confirmation that Brexit talks had stalled saw the pound come under increased pressure yesterday as the risk of a no-deal scenario rose.
Confidence in the outlook of the UK economy received a fresh blow as the latest British Retail Consortium (BRC) sales data saw its worst September on
Reception to Boris Johnson’s ‘final Brexit offer’ proved rather lacklustre, keeping the pound on a generally weaker footing yesterday.
The leak of the government’s supposed plans for the Irish border saw the pound trending sharply lower against many of the majors yesterday.
The pound received an upswing of support on Monday thanks to upwardly revised Q1 GDP data. UK growth was buoyed by an increase in both household and g