The UK-EU Brexit trade deal was signed into law late last night and will take effect from 11pm tonight GMT. It was hailed an immense personal achievement for the Prime Minister by Brexit supporters, and even the Labour leader Kier Starmer predicted that the UK’s “best years are still to come.”
UK Covid infection rates soared to record levels, with daily fatalities approaching 1,000. The strictest Tier 4 restrictions are now in place for 44 million people in England. Fatalities have also reached similar levels in Germany.
In the UK, schools will remain closed for at least two weeks after the official start of term in 2021.
The Oxford-AstraZeneca vaccine was approved for use in the UK, with the roll-out expected to start on Monday, and for the most at-risk parts of the population to be vaccinated within two months.
In the US, President Trump’s plan to send a $2,000 cheque to the poorest in the US in an effort to boost the economy has been rejected by leading Republicans.
Make sure any upcoming transactions are protected against the risks of sudden market movements. Secure a fixed exchange rate now with a forward contract; call your Personal Trader on 020 7898 0541 to get started.
