The pound fell against both the euro and the dollar yesterday, and is still low this morning as hopes of a Brexit deal faded. A Downing Street source said that a Brexit deal was “essentially impossible” after a disappointing call between Boris Johnson and Angela Merkel. The EU has accused the UK of playing a “blame game”, whilst the Prime Minister’s spokesperson has so far denied that talks have officially come to an end.
Opposition parties have also accused the government of playing a blame game with leader of the SNP, Nicola Sturgeon, saying that the phone call with Berlin was an “attempt to shift the blame for the Brexit fiasco.”
Johnson is due to meet the Irish Prime Minister, Leo Varadkar, later this week for further Brexit talks. Varadkar admitted that securing a deal at this stage would be “very difficult” and said that “big gaps” remain between the two sides. It is thought that we won’t know of the EU’s final decision until the EU summit next week.
