UK’s Jenrick: If EU is not flexible, we will leave with Australia-style deal
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“If the European Union (EU) is not flexible, we will leave with Australia-style deal,” said the UK Housing Minister Robert Jenrick in a statement on Tuesday.
However, he added, “we want a Canada-style agreement and that is possible.”
Additional comments
On no-deal exit: “We already left the EU with a deal.”
“We have to maintain unfettered trade between Great Britain (GB) and (NI).”
Market reaction
GBP/USD was last seen trading at 1.3139, down 0.20% on the day. The pound remains at the mercy of the Brexit headlines, as the attention shifts towards the EU-UK negotiations due later today.
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