THE Pound has defied Brexit uncertainty by making a recovery as EU bosses admit they fear Prime Minister Boris Johnson has “no intention of negotiating a new deal” as they step up plans for a no deal scenario.
. Jordan Rochester from Nomura - the Japan-based global investment bank - predicted the Pound Sterling will settle at “hard Brexit equilibrium”, meaning Britain’s current account will start heading into balance, or at least become manageable in the event of a no deal, such as 2 per cent of GDP.The news comes after it emerged
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