The pound ended yesterday with a small downward tick, after Dominic Raab confirmed that lockdown measures would stay in place for at least three more weeks.
Despite the coronavirus crisis, the UK government has also said that it will not propose or accept an extension to the Brexit transition period. Talks have resumed via video conference, with two further rounds set for the coming weeks. However, both sides have warned that they are still far apart in aims, with Michel Barnier warning that ‘tangible’ progress will be needed by June.
Jobless data from the US yesterday painted a relatively bleak picture, with 22 million Americans becoming unemployed in the last four weeks.
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