Cable Crumbles After Government Denies Telegraph Report On Brexit Divorce Bill Agreement

Jon Alternative Media, Blogosphere, Government

Update: That did not last long. Shortly after The Telegraph report hit the wires, AP reports that Brexit talks between the UK and European Union are continuing as officials played down suggestions that a deal has been reached on the so-called divorce bill.
Reports suggested an agreement in principle has been reached which would see Theresa May increase her offer and pay between 40 and 49 billion (45-55 billion euro).
A British source said they did not recognise the figure in the Daily Telegraph and stressed that talks were ongoing in Brussels.
Cable has reverted back lower after tagging intraday highs…

This post was published at Zero Hedge on Nov 28, 2017.