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Week Ahead (1/2)

UK
  • The newsflow surrounding the UK over the weekend has been largely negative. There is still no trade deal agreed with the EU (although according to some sources all that holds this up is an agreement on how long the fishing transition will be). This has now missed another deadline with the European Parliament stating last week that it would only vote on a deal this year if it was agreed by Sunday. It is widely considered that negotiations will continue at least until Christmas but things really are getting down to the wire if the sides want to avoid an accidental no deal scenario.
  • The other big news of the weekend has been the introduction of Tier 4 Covid-19 restrictions across Greater London and much of South East England. These restrictions are effectively in line with those seen during the English national lockdown of November. Christmas gatherings have also been banned in tier 4 areas and throughout the rest of the country are now restricted to just Christmas Day rather than a five-day period of 23-27 December.
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