When Boris Johnson says he doesn’t want an election, does that mean he’s about to announce one? NAB’s Tapas Strickland on the falling pound and the latest twist in the Brexit saga.
GDP in Q1 1.5% down on Q4. Hardly surprising given the lockdown. The economy is still 8.7% smaller than just before the pandemic, whereas US GDP is close to where it was, thanks to massive government spending.