Euro to pound exchange rate forecast: Sterling’s General Election Losses Could Mirror ‘No Deal’ Decline show ING Forecasts

The latter is the most likely: with the EU withdrawal agreement rejected three times by parliament, PM Johnson has committed to securing changes to it but he’s also said the UK will depart the bloc on October 31 regardless of whether a revised deal with the EU has been struck. That means a ‘no deal’ exit at the end of October if the EU refuses to discuss changes to the withdrawal agreement, which could be enough to get at least some Conservative MPs in the House of Commons to follow through on threats to bring down their government. 

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