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The Pound is the clear winner today after the EU’s chief negotiator Barnier said in a speech to the European Parliament this morning that an agreement with the UK was within reach. Even more positive, he stated that the EU was not out to challenge the UK’s independence, saying that the EU’s stance in talks is ‘fully compatible with the respect of British sovereignty.’ This address has gone a long way to easing tensions between the two sides and the aim is now for a deal by mid-November.As we mentioned yesterday, political ‘deadlines’ are often much more flexible than initially thought,... Read More
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