Pound surges as UK-Irish talks reveal Brexit deal hopes

Pedro Gonçalves
clock • 3 min read

The pound has rallied after the UK Government appeared to offer concessions on a Brexit deal. The British currency surged nearly 2% on Thursday after talks between UK and Irish premiers Boris Johnson and Leo Varadkar ended with positive but cautious comments. Sterling rose from just over $1.22 to $1.24 during two hours of intense trading on Thursday, climbing 1.4% as the leaders tried to reach a compromise over the term of Britain's exit from the EU. At one point sterling was on track for its best day in more than three years before a slight pullback late in the day. Irish prime mi...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now


Already a International Investment member?