Sterling continued to climb for a second day, on the view that an unlikely Brexit deal will be struck, if not this month then sometime before the end of the year.

Sterling has had its longest losing streak against the euro since August amid evidence that the UK’s decision to leave the EU is starting to hit economic data just as European policymakers strike a more positive note on the eurozone’s prospects.

A measure of London home-price changes fell to its weakest since the financial crisis as the UK’s vote to leave the EU sent shock waves across the nation.