Pound hits 21-month high on Brexit delay reports - business live

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Rolling coverage of the latest economic and financial news, as sterling rallies and Bank of England governor Mark Carney faces MPs

Back in parliament, Charlie Elphicke MP asks Mark Carney about a recent speech callingQ: How can Brexit could be used to enhance Britain’s openness, competitiveness and productivity, and rebalance the economy?But the governor makes some good points - about the important of having flexibility to set your own rules on financial stability, rather than simply being a rule taker.

 

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The UK should adopt the EURO as its currency.

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Pound surges as market fears of no-deal Brexit easeSterling is trading at levels not seen against the euro since May 2017 as investors react to the latest political developments. I don't know why people choose to live in poverty, it's like they have a choice to make the pounds go to nothing and they are willing to. mccanntb Surges? RETWEET THIS TO EVERY REMOANER, SNOWFLAKE AND FAR LEFT ANTI-BRIT PLEASE, THEY 'WILL' BE FUMING LOL LOL LOL
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