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EU and U.K. Say They Have Reached a Deal: Brexit Update

Bloomberg business news — Barnier announces the terms of the deal at a news conference in Brussels.Source: Bloomberg

By

Nikos Chrysoloras,

Thomas Penny and

October 17, 2019, 6:24 AM UTCUpdated onOctober 17, 2019, 9:45 AM UTC

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The European Union and U.K. reached a historic Brexit deal, paving the way for Britain’s departure from the European Union after three years of negotiations. The pound rallied and U.K. stocks turned higher.