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Following her meeting with the UK PM Johnson on Monday, Scottish First Minister Nicola Sturgeon said she believed that Johnson is heading for a no-deal Brexit.

Key Quotes:

“That makes me think that whatever Boris Johnson might be saying publicly about his preference being to strike a deal, in reality, he is really pursuing a no-deal Brexit because that is the logic of the hardline position that he has taken.”

“I think that is extremely dangerous for Scotland, indeed for the whole of the UK.”

“It is not in my view a democratic position to block the right of the people of Scotland to choose and I made that clear to him.”

“Obviously what happens over that period with the negotiations around Brexit will have an impact on the decision that we make.”

Mounting fears of a no-deal Brexit that is seen becoming a reality under Johnson’s leadership continue to take a toll on the pound, as the Cable attempts a tepid recovery from over 2-year lows reached at 1.2163 last hour.