September 30, 2019 / 11:58 AM / 22 days ago

UK's Labour demands Javid address no-deal Brexit short bets on sterling

FILE PHOTO: Savid Javid, Britain's Secretary of State for Communities and Local Government, arrives for a cabinet meeting at 10 Downing Street in London, September 21, 2017. REUTERS/Toby Melville

LONDON (Reuters) - Britain’s opposition Labour Party will ask finance minister Sajid Javid to make a statement in parliament on Monday on short positions being taken against the pound in the lead-up to a possible no-deal Brexit, party officials said.

Labour’s John McDonnell, the party’s top finance official, would seek the statement, Labour officials said on Twitter.

Reporting by Kylie MacLellan; Writing by William Schomberg; editing by Michael Holden

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