The Sun, a UK-based media outlet, reports that Britain will not delay goods coming in from the European Union in case of a no-deal Brexit.
There are 53 days left until Brexit Day, March 29th. At the moment, there is no delay in sight and the default option is a hard Brexit. Long queues of lorries are projected in case both sides do not reach an accord. A waiver on EU goods will serve as significant relief for business trading across the Channel.
The British Pound has been rising on the news. GBP/USD is gaining ground toward 1.3100 despite a bit of USD strength. EUR/GBP is dropping towards 0.8730.
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