Leo Varadkar: Brexit transition may be around 2 years

Irish prime minister Leo Varadkar comments in an interview - 25 January 2018

• UK can't "cherry pick" on EU
• May not be a UK majority for a hard Brexit
• UK words on a future relationship are encouraging
• There are different perspectives within the EU on a deal with the UK
• There may be 'Norway-plus' deal for the UK
• Apple tax case has not been helpful
• US tax reform won't make 'a huge difference'
• Hopes the US doesn't restrict free trade
• There are advantages in having a strong euro

More of the same-old Brexit rhetoric, echoing the 2 years transition period that Davis has mentioned yesterday.

Cable still trying to make up its mind, now at 1.4254 after falling to 1.4240 earlier. EUR/GBP now inching back up as the euro recovers on the day, now at 0.8711.