UK Treasury minister Mel Stride: There could be another referendum if Chequers plan is rejected

The UK Treasury Minister, Mel Stride, speaking to Sky News this Wednesday, was noted saying that there could be another referendum if the Prime Minister's Chequers proposals are rejected in a vote by the Commons.

Meanwhile, the GBP/USD pair has managed to recover a part of its early slump triggered by news that the UK PM will reject the improved offer by Michel Barnier for a solution on the Irish border.