GBP: meaningful vote delayed, but until when?

Theresa May delayed the meaningful vote yesterday after conceding that she would have lost it by a large margin. The opposition to the Irish backstop proposals meant that the prime minister has deferred to vote and will not proceed ‘at this time’. No details were...


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Meaningful vote delayed by government

Michael Gove was 100% wrong when he told BBC Radio 4’s Today programme that the meaningful vote was ‘definitely, 100%’ going to happen. Around midday, reports came through that the Brexit vote was going to be pulled, although we had to wait until shortly after 3:30pm...


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USD: US jobs growth slows dramatically

The highlight from the US on Friday was the non-farm payrolls for November, which showed 155,000 jobs were added. This was well below the 200,000 the markets had been expecting and, while job growth remains strong, it is possible it has peaked. It is worth bearing in...


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