Brexit deal: Boris Johnson poised to announce UK and EU have reached agreement – live

Brexit deal: Boris Johnson poised to announce UK and EU have reached agreement – liveDecember 24, 2020

Negotiations continued overnight between UK and EU at European commission’s headquarters in Brussels

  • Brexit trade deal with EU within ‘touching distance’, says No 10

Sir Ian Cheshire, chairman of Barclays UK, told the Today programme this morning that he welcomed reports of a deal because at least business now had “clarity”.

I’m very glad that it appears we can carry on with … our most important trading relationship.

And business can plan. I think that’s been the overriding issue for businesses over the last two years. They are occasionally accused of not being ready, and the question is – ready for what? At least now we have got clarity and we can get on.

As my colleague Graeme Wearden reports on his business live blog, the value of the pound has been rising this morning following the news that a trade deal has been agreed.

Related: Pound rallies as markets await Brexit trade deal – business live

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