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
Brexit manufacturing bounce 'well and truly over' as inflation falls to 2% in May
Latest ONS figures
Investors at odds with UK policymakers on the direction of interest rates
Several caveats to Bank of England's hawkish stance
MPC member hints at more imminent rate rise - reports
Rise need not be Brexit-dependent
SocGen's Edwards: Trade war recession fears a 'red herring'
Fed actions 'murder' bull market
More news
The innovative companies diffusing Japan's demographic time bomb
Which companies are bridging the generation gap?
What is the outlook for FTSE dividends?
Dividend forecasts slide for second quarter in a row
The truth behind the 'Korea discount'
The best time to invest is when the market is unloved
SVM Asset Management boosts board with double appointment
Non-executive directors
Quilter Investors expands multi-asset range with double launch
Initial FOC of 0.6%