UK's Hammond: Negotiations with the EU are always difficult

Comments by UK finance minister, Philip Hammond

  • Still hopeful a deal can be reached over the next few days
  • There will probably be a Brexit extension if lawmakers vote down May's deal
  • Brexit delay would lead to more uncertainty

Not really offering too much insight with his comments here. It's basically a summary of the situation faced currently by the government ahead of next week's vote, still likely to be on 12 March itself.

GBP/USD sits near unchanged levels still at 1.3170 currently. EUR/GBP likewise at 0.8586 as currencies are still rather lackluster to begin the European morning.

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