Cross-party talks are continuing during the parliamentary recess in the hope of ending the Brexit deadlock. David Lidington said on Saturday that talks were progressing well, with both sides ‘testing…particular ways in which we could move forward’.
The talks do not have a set timescale, but there is an expectation for the Conservatives and Labour to ‘take stock’ in ten days’ time. In the meantime, working groups have also been set up in areas like security and labour rights.
The pound has been relatively stable over the weekend, with a few important releases over the coming week. On Wednesday, we will see the UK’s year-on-year inflation rate and, on Thursday, retail sales, expected to have declined month-on-month and year-on-year.
