Expecting a large gap on Eur/GBP pair.
Jeremy Hunt claims Merkel is willing to renegotiate Brexit deal
The Conservative leadership hopeful Jeremy Hunt has claimed Angela Merkel would be willing to renegotiate the UK’s Brexit deal and possibly the Irish border arrangements opposed by Eurosceptics. The foreign secretary said he had spoken to the German chancellor on the sidelines of D-day commemorations last week and she had indicated that the EU was “willing to negotiate on the package” if a new prime minister had the “right approach”. His claim flies in the face of repeated assertions from Brussels that the withdrawal agreement cannot be reopened to change the Irish backstop, which Eurosceptics reject because ... (full story)