After sterling soared and some British newspapers roared at a supposed Brexit vi...
LONDON/PARIS/BERLIN - After sterling soared and some British newspapers roared at a supposed Brexit victory for Prime Minister Boris Johnson, Europe’s power brokers had a more sobering message: the basic divorce deal is not changing.
Enter PM Johnson, an avowed Brexiteer whose bet is that the threat of a disorderly ‘no-deal’ exit will convince German Chancellor Angela Merkel and French President Emmanuel Macron that the EU must grant him the divorce deal he wants. In Berlin, Merkel used a puzzling remark about finding an answer in “30 days” to underscore just how little time remained before the Oct. 31 Brexit deadline and how complex the Irish border riddle was.Johnson, who allowed himself to put one of his feet on a coffee table at the Elysee Palace in a light moment with Macron, lauded Europe for “positive noises” and insisted a deal could be done, possibly in the “final furlong”.
By 1100 GMT on Friday, investors were reassessing whether British Prime Minister Boris Johnson had made any progress. Sterling, which had jumped more than 1% against the dollar on Thursday, was down 0.3% on the day to $1.2217. [GBP/]
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