ING bank sees pound falling to parity with euro in no-deal Brexit scenario
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LONDON (Reuters) - ING, one of Europe's banks, said a no-deal Brexit would send the pound down to parity with the euro and push it down to $1.10 against the U.S. dollar."We think the most likely scenario is one where parliament back a no-confidence motion and force an Article 50 extension at some point in October, setting the scene for a general election in late November or December," ING said in a note to clients."We’d put a 40% probability on a general election taking place, coupled with a..