Boris, proroguing his way to Brexit

UK politics has turned even more toxic with Prime Minister Boris Johnson suspending parliament from September 12th, for five weeks. As Phil Dobbie discusses with NAB’s Gavin Friend in London, the pound had a sharp reaction but bounced back half-way, perhaps because of hope that the PM will reach a deal with the EU, or that rebel MPs will move swiftly to stop Boris in his tracks. All this makes Italian politics seem a little more stable, with a government likely to be formed. They also discuss the implications of yesterday’s weak construction data in Australia, the reasons behind the rising oil price, and German unemployment and CPI numbers today.

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