America’s central bank kept interest rates on hold at 0.25% as expected, but said it would be continuing to support the economic recovery with prolonged low interest rates.
In the UK, the government has reached a compromise with Conservative MPs threatening to rebel against the controversial Internal Markets Bill. But while they have been mollified, Joe Biden said the US under his presidency would not sign a trade deal with the UK if the Bill breached the Good Friday Agreement.
Enhanced lockdown measures including early pub closing could be announced this week as the country fights another Covid infection without an effective testing regime.
The EU Commission President’s ‘state of the union’ address included a promise to spend a third of the €750bn Covid recovery fund on emission-cutting measures, including a million electric vehicle charging points.
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