UK's Corbyn: "No big offer" from the government in Brexit talks

The opposition Labour Party's leader, Jeremy Corbyn, said that British Prime Minister Theresa's May's government has not made a big offer yet in Brexit talks.

"Its actually quite difficult negotiating with a disintegrating government, with cabinet ministers jockeying for succession rather than working for an agreement," Corbyn added, as reported by Reuters.

The initial market reaction seems to be hurting the demand for the GBP with the GBP/USD pair losing 0.15% on the day at 1.2985.