Pound drops as Brexit impasse drags

3 April, 2019 12:00 AM printer

LONDON: The pound dropped versus the dollar and euro on Tuesday after British MPs once again rejected a series of alternative options to Prime Minister Theresa May's EU divorce deal.

After Monday's voting outcomes, the European Union's chief negotiator Michel Barnier warned it is "day after day more likely" that Britain will crash out of the bloc next week without an orderly withdrawal agreement, reports AFP.