Beyond Currency

9 February 2021 - UK economy to recover strongly, or maybe not


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"The UK Government often charged with over-promising and under-delivering is determined to take full advantage of the positivity generated by the success of its vaccination programme to lay the foundations for a strong recovery as soon as they feel it is safe for lockdowns to begin to be lifted.
Chastened by criticism that he made several bad calls last year, the Prime Minister is determined that he listens to every piece of advice he receives, studies each data point and is inclusive of his planning not just for the recovery but the continued support for those individuals and businesses most affected by the Pandemic.
However, there are still dark clouds on the horizon as unemployment continues to rise and issues over Brexit remain a drag on activity and output.
The volume of goods leaving the UK for Europe fell by 68% last month compared to a year earlier."
Beyond Currency Market Commentary:
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.
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