JPMorgan says UK unlikely to get a Brexit deal at October summit

U.S. investment bank JPMorgan said on Wednesday it was negative about the prospe...

FILE PHOTO: British Prime Minister Boris Johnson leaves after a meeting with Luxembourg's Prime Minister Xavier Bettel in Luxembourg, September 16, 2019. REUTERS/Yves Herman

“Our reading of the situation is much more negative than positive as far as the prospects of a revised Withdrawal Agreement being agreed at the October summit are concerned,” it said in a note to clients. Johnson has said he can get a deal at the summit though he has cautioned that if he does not, the United Kingdom will leave on Oct. 31 without a deal.

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