Sources familiar with the trade talks told Bloomberg Britain had tabled a more generous fishing offer after saying it would not budge on the issue. The EU’s negotiating team led by Michel Barnier is considering the new offer. The report came just hours after Boris Johnson insisted Britain would thrive in the event of a no-deal Brexit.
Sources said the UK’s team, headed by Lord Frost, said it would reduce the value of the EU’s catch in British waters by about a third.
Last week it said the bloc must accept a 60 percent reduction for a trade deal to be signed.
Guido Fawkes shared a photo of the pound rising against the euro on Monday evening.
There were suggestions online that markets were flocking to buy Sterling with the belief that a trade deal is imminent.
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