UK PM Johnson: Will keep no-deal Brexit preparations in a state of readiness
|While responding to a question from a reporter about dropping no-deal Brexit preparations, "Many of those preparations will be extremely valuable as we come out of EU arrangements anyway," British Prime Minister Boris Johnson said, per Reuters. "So I think that they were the right thing to have done and to keep in a state of readiness."
Johnson further added that he was confident that they will have a free trade deal with the European Union by the end of 2020 to help the economy shake off the potential negative impact of Brexit.
The British pound's reaction was relatively muted to these remarks and the GBP/USD pair was last down 0.1% on the day at 1.2900.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.