"Concerns are building that the UK’s recovery from the Pandemic will be a flash in the pan, and the country can expect to return to a consistently lower level of growth that will require interest rates to remain low for several years and even necessitate negative interest rates.

The concerns voiced by independent members of the MPC that the recovery will not be sustainable without a move to negative rates are gaining pace and the balancing of the books with regard to public debt may take longer and require more significant tax rises than were delivered by Rishi Sunak in his budget last week.

The positive effect of the release of pent-up demand when non-essential retail outlets reopen next month will be relatively short lived, reminiscent of the lead up to Christmas but on a larger scale.

But that will not provide long-term gains in other areas of the economy with a nuclear winter in the employment market entirely possible.

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Aims to provide deep insights into the political and economic events worldwide that can cause currencies to change and how this can affect your FX Exposure.