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 the latest from the eurozone to show a climate of ‘pessimism’, as many worry about the economic impact of coronavirus.
In the US, Donald Trump has waded into the topic of state-specific aid, tweeting ‘Why should the people and taxpayers of America be bailing out poorly run states (like Illinois, as example) and cities, in all cases Democrat run and managed?’
In such volatile times, it’s important to plan ahead. But can you really rely on predictions to budget safely? Our quarterly forecast looks at the spread between the major banks’ expectations, and explains how you can plan amid such uncertainty.
