Sterling fell to a three-week low yesterday over ongoing concerns about the government’s hard-line approach to Brexit talks. This comes after it was announced last week that there will be a hard deadline in place for the Brexit transition period, meaning that a trade deal has to be negotiated and ratified by December 2020.
Trade war optimism and a weaker pound drove the FTSE 100 index to a five-month high, striking 7617 points for the first time since July.
The Prime Minister has said that he will give ‘careful consideration’ to Nicola Sturgeon’s request to hold a second referendum on Scottish independence. He is expected to reply to her letter in the new year, however, it is widely expected that he will decline the request.
