The UK Environment Secretary George Eustice said on Thursday that they are “getting some positive indications over sausages.”
When asked about the so-called "sausage war", "I think we're getting some positive indications and it's always our view that it's better if we can reach an agreement with the European Union on these things.”
"We're still in dialogue with the European Union about some longer-*term solutions on the wider issues, about export health certificates, and while those are ongoing it makes sense for them for a few more months to leave the current arrangement we have in place," he added.
Market reaction
GBP/USD popped a few pips to near 1.3965 region on the above comments. At the time of writing, the spot trades flat at 1.3955, eagerly awaiting the BOE decision.