27.3 C
Bangkok
Friday, October 7, 2022

Pound wobbles as Johnson says get ready for ‘no-deal’ Brexit

Boris Johnson said Britain should get ready for an Australia-style agreement based on WTO rules from January “unless there is a fundamental change of approach” from Brussels.

NEW YORK: The British pound wobbled Friday, boosting London stocks, after UK Prime Minister Boris Johnson warned he was ready to walk away from European Union trade talks and prepare for a “no-deal” Brexit.

Sterling fell below $1.29 before crawling back after Johnson accused the EU of failing to negotiate seriously — and declared Britain should “get ready” for an Australia-style agreement based on World Trade Organization rules from January “unless there is a fundamental change of approach” from Brussels.

A Johnson aide ramped up the rhetoric by adding that trade talks were over unless Brussels “fundamentally shifts its…

Read more…

See also  Depa unveils national food delivery app

Related Articles

Translate page to 11 different languages
ArabicChinese (Simplified)DutchEnglishFrenchGermanItalianPortugueseRussianSpanishThai

Latest Articles