The pound is still at fairly strong levels against the euro and the dollar this week, as Brexit talks continue. Negotiations will move to Brussels tomorrow as officials try to iron out key sticking points related to fisheries and state aid.
The CBI distributive trade figure released yesterday showed that Britain’s retail sector is suffering. The figure, which measures the health of retail, dropped to -23 in October from the previous month’s 18-month high of +11 and well below market expectations of +1. This shows that restrictions to curb the coronavirus pandemic are taking their toll across many parts of the country.
Over 50 Conservative MP’s are calling for a clear road map out of lockdown restrictions, after many areas in Northern England have entered ‘tier 3’.
