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Betting odds on a Brexit deal drop to 65% as talks go down to the wire

The likelihood of a deal being agreed dropped more than 20% over the weekend

By

Emily Nicolle

European Commission President Ursula von der Leyen is set to speak to UK Prime Minister Boris Johnson to resume talks in Brussels on Monday evening
European Commission President Ursula von der Leyen is set to speak to UK Prime Minister Boris Johnson to resume talks in Brussels on Monday evening Photo: Julien Warnand/Getty Images

The chances of a UK-EU trade deal being finalised before the end of the year dropped 20% over the weekend, as bettors factored in pessimistic mood music between London and Brussels.

Betting platform Smarkets had put the likelihood of a Brexit deal being agreed at 85% on 4 December, but this dropped to 64.5% by the morning of 7 December.

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