GBP: Retail activity drops to same levels as 2008

The pound is drifting within a relatively narrow range against the euro, with the uncertainty over when and in what form lockdown easing will take place in the UK. Further downward pressure was exerted yesterday by retail sales acidity, which the CBI reported to have...


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Pound choppy amid economic and Brexit concerns

It’s been a choppy start to the week for the pound, with warnings over a three-year economic downturn on the one hand, and the reiteration of the need to avoid ‘impatience’ over lockdown from Boris Johnson as he returned to work. French consumer confidence figures are...


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