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Pound spikes at news of deal on Brexit bill

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Pound spikes at news of deal on Brexit bill

The pound has risen against the Australian dollar following news of a possible agreement on the Brexit divorce bill.

Although this is not a final settlement, the “broad welcome” from Brussels suggests that this may be the “sufficient progress” the EU has been seeking. This is one of the key areas – along with citizens’ rights and the Irish border – which will allow negotiations to open on any future trade deal between the EU and the UK.

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