U.K. Assets Fall Over Deadlocked Brexit Talks, New Lockdowns

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The British pound was on course for its steepest one-day fall against the U.S. dollar since the worst of March’s market rout

as the continuing failure to arrive at a post-Brexit trade agreement and new measures in the U.K. to curtail the spread of Covid-19 weighed on British assets.Over the weekend, the government

across London and the surrounding areas of England in the days leading up to Christmas, a period of traditionally higher consumer spending. The curbs are expected to further hamper the economic recovery.

 

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