The Pound Sterling strengthened into the start of October having been boosted by signals that the EY and UK might be close to making a deal on fisheries.

Fisheries have been an acutely contentious issue between the two entities during Brexit negotiations and the transition period.

Britain has offered a three-year transition period for European fishing fleets to allow them to prepare for the post-Brexit changes as part of an 11th-hour deal sweetener on Wednesday.

The catches of EU fishermen would be “phased down” between 2021 and 2024 to offer time for European coastal communities to adapt to the changes.



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