UK fin min Hammond on the wires 26 Jan
- Q4 GDP figures are excellent
Call me old fashioned but yy weren't they lower than previous and the lowest qq reading since Q1 2013?
Hey but this is politics. Don't let the truth get in the way of a good story eh?
- UK economy going through period of uncertainty but GDP data very strong
- we expect to negotiate Brexit implementation in next few months
- business sentiment will improve as it becomes clear we can negotiate a good deal
- increasingly confident UKL can get good access to EU markets
UK PM May's spokesman:
- UK will be taking back control of its trade policy
- Cabinet has full confidence in PM's Brexit strategy
If only the rest of us did too.
GBPUSD steady at 1.4256 and suitably unfazed by the hype after the rollercoaster ride of the past 24 hours.
Meanwhile,
