EMBARGOED TO 0001 MONDAY SEPTEMBER 2..File photo dated 07/01/19 of British pound coins and notes. Nearly half of claimants hit by the benefits freeze cannot afford essentials such as rent, bills and food, new data has revealed. PRESS ASSOCIATION Photo. Is
The pound has rallied after the UK Government appeared to offer concessions on a Brexit deal.
The British currency surged nearly 2% on Thursday after talks between UK and Irish premiers Boris Johnson and Leo Varadkar ended with positive but cautious comments.
READ MORE: Hopes of Brexit breakthrough after ‘positive’ UK-Ireland talks
The pound was at $1.24 this morning, its highest figure since September after repeated signals of a No Deal Brexit spooked traders.
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