Later today, Chancellor of the Exchequer, Rishi Sunak is due to announce plans for more government spending to minimise unemployment. This comes after tighter COVID-19 restrictions were revealed earlier this week and in anticipation of the furlough scheme ending in October.
The pound is steady against the euro but still weak against the dollar this morning. It found some support against the euro after positive rhetoric surrounding Brexit and ahead of Sunak’s announcement, which will take place at around midday today.
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