The pound has edged slightly lower against the euro and the dollar but remains above significant levels as the markets await Brexit news. Head of EU’s Executive Commission reported that there had been “genuine progress” with negotiations yesterday. However, other reports suggest that sticking points, such as fisheries, still need to be resolved.
Sterling was largely unfazed by the Chancellor’s spending review yesterday, which announced record peacetime borrowing. Today we will hear details of the regional tier system that will be enforced next week to curb the spread of coronavirus.
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