UK's Hammond: Some people want Brexit talks to fail

And there goes the quid

  • Some people on both sides want talks to fail

Not surprising news really but pound traders don't like it and cable has dropped to 1.2422 from just under 1.2450.

JPM adding their own negativity with CEO Jamie Dimon saying in a letter to shareholders that Brexit will mean moving some people, and that they will need to develop some European subsidiaries.

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