UK Brexit minister Davis says deal by end of the year is on the cards

UK Brexit minister David Davis speaks in Austria

  • Britain will remain a dynamic and open country post-Brexit
  • British and EU companies should not be able to merge and reduce consumer choice
  • Britain and EU should both respect fair trade and open competition
  • Is certain that Britain and EU can get Brexit deal right

Ah, that's more like the usual Brexit rhetoric we're used to. In the meantime, we're seeing sterling start to give up some of its gains from the news earlier.

Cable now down to 1.3983 as the dollar continues to strengthen across the board. EUR/GBP up to 0.8822 now, after touching lows of 0.8811 earlier.

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