A spokesman for the Democratic Unionist Party (DUP) said today that Brexit without a deal is "probably inevitable" due to the "intransigence" of the EU position.

He said that the current proposal from the EU is much worse than the result without a deal. He also noted that some "mini-agreements" can be reached without a general trade deal with the European Union.

Such comments will only add negative tones for the pound, which has dropped sharply since the beginning of the week.