A combination of stronger yields in the U.S. risk aversion and the prospect that inflation could reach 23% early next year saw Sterling fall to a fresh two-year low.

Boris Johnson goes into his final weekend as Pr4ime Minister convinced that there are sufficient reasons to believe that the country can survive and thrive, despite the pressures that are building within the economy.

It has been a feature of Johnson’s Premiership that he has been infected by an almost blind optimism, when forward-thinking and planning would have served him far better.

If the voting members of the Conservative Party want forward-thinking, they will, or at least should, cast their vote for Rishi Sunak. The former Chancellor is pragmatic about the current situation and is honest enough to say that the country faces serious concerns in the short term.

He accepts that there is no quick fix nor is there, to quote Johnson’s predecessor, Theresa May, a magic money tree.