Sterling reaches two-month high after £58bn Brexit divorce bill 'agreed'
Bill up from earlier figures of £40bn-£48bn
Sterling has climbed to a two-month high after it was reported a deal between the UK and EU leaders on the Brexit divorce bill was reached last night, with Britain's liabilities potentially reaching £58bn.
Sterling was trading at a high of 1.343 earlier this morning against the US dollar, up 0.4%. It was also up 0.4% against the euro to trade at 1.311. According to the Guardian and various national newspapers,...
More on Economics
Bank of England urged to 'lead by example' on climate risk
Letter from academics
Update: Sterling sinks as Brexit Secretary Raab resigns
Raft of resignations following draft deal
Update: PM May faces backlash over draft Brexit deal as details begin to emerge
Irish border remains contentious issue
UK GDP growth hits highest level since 2016
0.6% growth
More news
Japan: global growth & record profits
Industry Voice: Chris Taylor discusses the outlook for Japan, explaining why corporates are producing record aggregate profits and profits growth.
Schroders and Aviva Investors CEOs warn of 'unintended consequences' from SMCR
Comes in on 9 December 2019
Brexit Blog: Stephen Barclay named new Brexit Secretary
Latest news and analysis
GSAM to target UK with $10bn AUM ETF business in 2019
Primarily smart-beta products
Five asset managers achieve Gold Standard Awards 2018
Revealed – successes across all 11 categories