And the pound goes plop
Officials have said to have been told to shun UK contacts
The pound has dropped but be careful as Bloomberg headlines of late have been very iffy on conjecture.
Further details now;
Merkel's Chancellery is receiving UK diplomats but is refusing to grant UK any favours in advance of official negotiations
Some ministers have been instructed to shun official contacts with UK that could reveal negotiating positions
German message to UK in private remains the same as in public
Merkel's core message to UK has been consistent
There's nothing here that's above and beyond what you'd expect to happen in this type of situation. If you want to look at it another way, it's showing that the Germans are fully prepared to negotiate at the right time.
