Sterling rallies as May summons Cabinet to agree 'draft' Brexit deal

Emergency meeting

Natalie Kenway
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UK PM Theresa May calls emergency Cabinet meeting over Brexit draft
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UK PM Theresa May calls emergency Cabinet meeting over Brexit draft

There has been a significant breakthrough in Brexit talks between the UK and European Union, prompting sterling to soar against the US dollar and euro amid hopes a deal has been agreed.

Sources have told the BBC and other media organisations the draft deal has been agreed by officials from both sides after intensive discussions this week. UK Prime Minister Theresa May has called an...

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