After a brief rebound yesterday, the pound is choppy this morning as no-deal Brexit fears continue.
The government has accused the EU of ‘refusing to negotiate’ on Brexit. Cabinet Minister Michael Gove has said that he is “deeply saddened” that Brussels are apparently refusing to talk to the UK. The European Commission, however, have said that it was willing to hold talks “should the UK wish to clarify its position.
The main point of contention continues to be the Irish backstop, something that Irish Prime Minister, Leo Varadkar, has said cannot be renegotiated. Despite this, he has also said that he is still confident that a no-deal Brexit can be avoided.
