British Prime Minister Theresa May has struck a deal with the European Union that would give UK financial services companies continued access to European markets after Brexit, the Times reported on Thursday.
Westminster has reached an agreement with Brussels, in principle, on its so-called Brexit 'divorce bill', according to the Daily Telegraph. The report saw Sterling rapidly cut its losses to trade 0.24% higher at 1.3351, which was up from an intraday low of 1.3220.