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Sterling rises on news UK, EU close to financial services deal

UK firms will have access to EU markets as long as British financial regulation remains broadly aligned with Europe

Published Thu, Nov 1, 2018 · 09:50 PM
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London

THE UK and the European Union (EU) are close to a Brexit deal on financial services, a British official has confirmed.

Following the news, sterling jumped by one per cent against the US dollar and also rose against the euro, which also appreciated against the greenback.

The official was confirming a leak to The Times that this significant part of the Brexit negotiations was almost complete. A Reuters report s…

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