BREAKING: Pound jumps after PM reveals new Brexit plans
Sterlng jumped by more than 1.3 per cent against the euro to 1.11 and one per cent against the US dollar to 1.22, as it emerged Parliament is set to look at the Prime Minister's Brexit plans before the formal EU exit process begins.
The pound has been hit in recent sessions over fears of a so-called hard Brexit, which would see Britain leave the single market, as well as the European Union.
Kathleen Brooks, research director at City Index, said: "If Parliament can debate the plans, then the Prime Minister may have to soften her approach to negotiations, which could remove some of the... read more
- 07:57 13 Premier League players who could miss the start of the season...
- 07:57 RISE AND SHINE: Latest travel news, weather and fun features
- 07:56 East Neuk’s De Profundis digs deep to celebrate the mining heritage...
- 07:56 Kylian Mbappe to Arsenal: Exodus to help fund move with striker...
- 07:56 Terminally ill South Shore woman dies after dream wedding
- 07:56 Man left with serious injuries after alleged assault at Staveley pub
- 07:56 RISE AND SHINE: Latest travel news, weather and fun features
- 07:55 Watchdog clamps down on online gambling
- 07:55 Pupils scoop silver at Gardener’s World
- 07:55 Radio station to host hospice charity’s business club
- 07:55 Martin Flanagan: Chancellor tries to ease Brexit concerns
- 07:53 Germans' purchasing power grows at slowest pace in more than three...
- 07:53 Video: Johnny Depp jokes about Donald Trump assassination
- 07:53 Tiemoue Bakayoko to Chelsea: Details include five-year deal and...
- 07:53 Safety concerns as Carlisle road cracks in heat
- 07:52 Tamworth FC: Time running out for early-bird offer
- 07:52 Tamworth FC's Louis is raring to go after his injury hell
- 07:52 Funding pot of up to £5,000 open for youth groups in South Holland...
- 07:52 British and Irish Lions can end New Zealand's unbeaten run at Eden...
- 07:51 UPDATE 1-UK Stocks-Factors to watch on June 23
- 07:51 Premier League transfer gossip: Arsenal lead race for Kylian...
- 07:49 GCSE students shine at ArtWaves
- 07:49 Terrifying armed robbers traumatised family after they were held at...
- 07:48 Headbutt attack inside Notts pub caught on video
- 07:48 Disruption to Nottingham tram services due to tram failure
- 07:48 Trespassers on the tracks delay Nottingham trains
- 07:47 Manchester United’s Matteo Darmian calls Jose Mourinho to force...
- 07:47 VIDEO: Talented 14-year-old singer from Rippingale will appear on...
- 07:47 Trojans bid for hat-trick of Heavy Woollen Cup victories
- 07:46 Guest column: Grenfell Tower tragedy shows why cuts to emergency...