Advertisement
UK markets close in 6 hours 14 minutes
  • FTSE 100

    7,844.20
    -121.33 (-1.52%)
     
  • FTSE 250

    19,406.68
    -292.21 (-1.48%)
     
  • AIM

    740.36
    -9.92 (-1.32%)
     
  • GBP/EUR

    1.1710
    -0.0001 (-0.01%)
     
  • GBP/USD

    1.2452
    +0.0005 (+0.04%)
     
  • Bitcoin GBP

    50,859.35
    -2,415.52 (-4.53%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • S&P 500

    5,061.82
    -61.59 (-1.20%)
     
  • DOW

    37,735.11
    -248.13 (-0.65%)
     
  • CRUDE OIL

    85.32
    -0.09 (-0.11%)
     
  • GOLD FUTURES

    2,387.60
    +4.60 (+0.19%)
     
  • NIKKEI 225

    38,471.20
    -761.60 (-1.94%)
     
  • HANG SENG

    16,248.97
    -351.49 (-2.12%)
     
  • DAX

    17,769.97
    -256.61 (-1.42%)
     
  • CAC 40

    7,942.16
    -102.95 (-1.28%)
     

Britain wants to agree an EU free-trade deal - finance minister Sunak

Britain's Chancellor of the Exchequer Sunak during an interview in London

LONDON (Reuters) - Britain wants to strike a free-trade deal with the European Union, but the short-term impact of not doing so will be overshadowed by the COVID-19 pandemic, British Finance Minister Rishi Sunak told the BBC's Andrew Marr programme on Sunday.

Asked what the effect of not have a free-trade deal in place after the transition period ends on Dec. 31, Sunak said: "It's very difficult to be precise about the near-term effects.

"But I'd agree with what the prime minister has said, in the short term specifically and most immediately, it would be preferable to have a deal because it would ease things in the short term.

"But the most important impact on our economy next year is not going to be from that, it's because of coronavirus."

(Reporting by Willaim Schomberg and Paul Sandle; Editing by Andrew Heavens)