Pound hits three-week low against the Euro.

Pound hits three-week low against the Euro.

Sterling jittery on Brexit concerns.

The pound fell to a three-week low, and investors said more losses were likely if Prime Minister Theresa May's proposed Brexit deal gets voted down again next month.

Sterling has fallen 1% this month as deadlocked cross-party talks exposed deep political divisions over how, when and even if Brexit should take place.

May's spokesman said that she planned to put forward her thrice-rejected Brexit deal in the week beginning June 3, to try to secure an agreement before MP's go on summer holiday.

Speculation is growing that May will soon be ousted and that is weighing on the pound.

Published: by Radio NewsHub
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