London, Dec 17 (AFP/APP): Sterling sank Tuesday on no-deal Brexit fears after Prime Minister Boris Johnson appeared set to outlaw any extension to a Brexit transition beyond the end of next year. Around 1000 GMT, the pound was down 1.25 percent at $1.3165, compared with late on Monday in New York. The euro surged almost 1.3 percent to 84.65 pence. The British currency had surged late last week after Johnson’s governing right-wing Conservative Party clinched a landslide general election victory. Johnson won a big majority Thursday on a promise to take Britain out of the European Union by the end … Continue reading Sterling slides on no-deal Brexit fears