Sterling slips on report UK PM to suggest early Brexit

LONDON: Sterling slipped 0.3 cents against the dollar on Friday as investors awaited a key speech by British Prime Minister Theresa May, after the Telegraph newspaper reported that she would raise the possibility of Britain leaving the EU before March 2019.

Sterling dipped to as low as $1.3550, down from around $1.3580, leaving it down 0.2 percent on the day.

The FTSE 100 rose as sterling fell, last up 0.2 percent, while mid-caps hit a session high, up 0.2 percent.