No-deal Brexit: markets brace for big hit to UK company shares and sterling

Analysts warn if talks end on Sunday without agreement it could trigger a large sell-off

Financial markets are braced for a plunge in the pound and a sharp fall in UK company share prices if a no-deal Brexit is triggered on Sunday evening.

As the chances of a deal appeared to fade, the pound came under renewed selling pressure on Friday, falling by more than 1% against the dollar as post-Brexit trade talks enter a crunch weekend.

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