Pound pummelled as Johnson's tough talk rekindles hard Brexit fears
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LONDON (Reuters) - Sterling fell by around 1% on Monday after Prime Minister Boris Johnson set out tough terms for Brexit talks with the European Union, rekindling fears Britain would reach the end of an 11-month transition period without agreeing a trade deal.The sides have until the end of the year, when a standstill transitional period expires, to secure a deal on trade and future relations but Johnson is striking a tough tone, saying Britain will not adhere to the bloc's rules and..