The pound has risen after MPs voted to reject Theresa May's Brexit deal by 230 votes. Sterling rose 0.05% to $1.287 after declines of more than 1% earlier in the day. The currency slumped 7% in 2018 reflecting uncertainty about the terms of the UK's exit from the European Union.
Brexit is making it difficult for firms to decide whether to import or export, hampering British trade, according to a new survey. Research by the British Chambers of Commerce (BCC) indicated that half of businesses have to consider uncertainty over Brexit when deciding whether to trade internationally.