EU Commission spokesman Schinas keen to make a point just now 11 Dec
- is a "deal between gentlemen"
- it is understood that the joint report is fully backed by UK govt
Think again.
Elsewhere UK opposition Labour party shadow fin min McDonnnell speaking to BBG:
- want to locate more institutions outside London
- want to be as close to EU single as possible
- must be final Brexit decision in parliament
- there would be a strong pound under a Labour govt
- not planning a run on the pound, quite the opposite
GBPUSD suitably unfazed at 1.3361 from earlier 1.3343 lows. EURGBP 0.8827 after earlier 0.8841 highs
Meanwhile,