but come to do business africa. be with us the british pound surged to a 5 month high today on news that negotiators from britain and the european union struck a new brics it s divorce steel sterling temporarily rows of. $1.29 on her britain s exit from the e.u. will be in an orderly manner but the currency remains volatile and some hurdles still remain the deal still has to be confirmed by the british parliament the u.k. is due to leave the e.u. on october 31st for more i m joined by. senior economist at hermes investment management in london we ve been there before we ve had a withdrawal agreement on the table is this deal better than the previous one well actually it s really just a variation of the deal that the resume reached a few months ago the main difference really concerns the backstop for on an island
confection is cousy are working extra hard this autumn they re packing up box after box of sweet treats to send to pretty sri taylor s king to avoid the christmas crisis. you need to turn it on and this year is exceptional in that some about british clients self want to have their orders delivered before the famous october 31st breaks it deadline which is increased activity even more during the period from september to october until they are typical morkel. the fare for the company s british clients such as london s famous for the mason department store is that the u.k. could leave the e.u. at the end of october without a deal throwing customs arrangements up in the air with boris johnson facing an uphill struggle to get the agreement struck on thursday through britain s parliament that threat remains on the table. in story law and on what that
the gay shake his kettle and i think we re. going to go to yesterday was a joint feeling that there is a way forward we can see a pathway to a deal that doesn t mean it s a done deal so there s this work to be done by boris johnson speaking there well given this recent sign of progress we asked our brussels bureau chief max hoffman about the chances of britain actually leaving the e.u. on october 31st that s less than 3 weeks from now he says there are 2 scenarios 1st one is they actually do strike a last minute deal then it seems very likely that they will need a so-called technical extension to implement that deal remember the house of commons so the whole parliament actually in the u.k. has to approve a potential deal and also the european parliament in strasbourg and that will take some time most likely a couple of weeks more than the 31st of october 2nd possibility they do not strike
a fine corps johnson addresses parliament and pledges once more to take the u.k. out of the e.u. . must be paid supporters of the talk feel free to regard as a party bigotry years ago think the president must be respected man on the bridge street dogs are born dominant people want us all on october 31st that is the 1st time the prime minister has addressed lawmakers since the supreme court s ruled unlawfully suspended parliament earlier this month. and a disaster in the making in the world s oceans scientists on the un s climate panel more of a dire threat to humanity rising sea levels super storms more flooding more draft. players.
the united kingdom, that his five-week suspension of parliament was unlawful. this is what he just said about the ruling. i have the highest respect, of course, for judiciary and for the independence of our courts, but i must say i strongly disagree with this judgment. and we in the uk will not be deterred from getting on and delivering on the will of the people to come out of the eu on october 31st, because that is what we were mandated to do. it is interesting. i m not sure he gets an appeals process. the fact that he disagrees with the supreme court, that s it. it is done. it is done. it is done. and so now, i guess parliament is in session tomorrow. that s right. it has gone back. i guess the next thing we wait for in terms of something cataclysmic is october 31st. is brexit. okay. we will bring you the updates as we get them. meanwhile, impeachment could take a huge step forward i.