Economics

Germany ‘Would Not Mind’ Giving May an Extension: Brexit Update

A no-deal Brexit is "unlikely, but possible," Fox tells Bloomberg in Davos.Source: Bloomberg
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Parliament is inching toward a plan to delay Brexit as a way of preventing a chaotic no-deal departure. The poundBloomberg Terminal rose.

In Brussels, the EU’s chief Brexit negotiator, Michel Barnier, has been talking about Ireland -- amid controversy over remarks on Tuesday from a European Commission spokesperson that there will be a hard border on the island if the U.K. leaves the bloc without a deal.