Davis: '50/50 chance' of Brexit deal by December

Government spokesperson denies claims

clock • 1 min read

UK Brexit secretary David Davis has told European Business leaders there is a "50/50 chance" that a breakthrough on Brexit negotiations will be made by December.

Head of the BusinessEurope lobby group Emma Marcegaglia told Bloomberg in an interview that Davis had made the claims at the EU December summit on Monday. Another European business leader who attended the summit also said Davis had estimated the chances of a deal at 50%. However, a government spokesperson denied the claims, calling them "categorically untrue". "David Davis did not say this," they said. Woodford IM: "'No-deal' Brexit nowhere near as bleak as predicted" Meanwhile, sterling tumbled as much as 1% on Monday, following reports in The Sunday Times that claimed 40 MPs w...

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