Political News
Pound rises on Johnson plan to hold talks with EU's von der Leyen
The pound spiked on Friday on news that UK prime minister Boris Johnson would speak with European Commission president Ursula von der Leyen on Saturday to “take stock” of negotiations and “discuss next steps” on a Brexit trade agreement.
US lawmakers failed to agree on the terms of a fourth stimulus package overnight
US lawmakers failed to agree on the terms of a fourth stimulus package overnight.
Sharp drop in US income as enhanced jobless benefits run out
Personal incomes fell more sharply than expected last month as enhanced unemployment benefits ran their course.
EU denies FT Tweets on state aid Brexit breakthrough - report
EU officials said no “landing zones” were in sight trade talks with the UK, an official with the bloc reportedly said on Thursday after Tweets by a Financial Times reporter citing British officials saying this was the case boosted the pound.
Over a third of UK employers plan layoffs for fourth quarter of 2020
More than a third of UK employers are planning on making staff redundant over the next three months, a YouGov poll revealed on Thursday.
EU starts legal case against UK over Internal Market Bill
The European Union on Thursday launched legal action against the UK’s new Internal Market Bill on the grounds that it breached the Brexit Withdrawal Agreement and breaks international law.