Pound euro exchange rate: GBP/EUR edges higher as EU offers Brexit ‘flextension’

The pound edged up against the euro this afternoon as the EU granted the UK another three-month Brexit delay, leaving the pairing trading at around €1.160. Sterling edged up against the single currency after European Council President Donald Tusk announced, just days before the October Brexit deadline, that the EU27 had agreed to grant the UK a three-month “flextension”.

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