England’s November lockdown boosted supermarket sales, with turkeys, alcoholic spirits, Christmas puddings and festive lights in demand
- Latest: Record month for supermarkets as Christmas starts early
- Sales of cream liquors and turkeys surge, but mince pies in decline
Earlier:
- Introduction: Brexit and Covid-19 pandemic weigh on markets
- Pound down half a cent at $1.333
- Brexit: Johnson heads to Brussels after UK holds out olive branch
- Last-minute Brexit deal vital for UK economy, government told
- Coronavirus – latest updates
- See all our coronavirus coverage
The pound is likely to trend higher over the short term, Latitude Investment Management's Freddie Lait tells @annaedwardsnews and @mattmiller1973https://t.co/2ip0tqF4Xk pic.twitter.com/gBzC10SB0e
Over in America, small firms are getting more anxious about the economic situation.
The US small business confidence index has dropped to 101.4 for November, down from 104 points in October.
NFIB first survey post election. Notable difference vs. post 2016 election when optimism about the economy soared, now it has significantly declined. This is not a political message, but a signal of the reopening temporarily stalled, while hire plans anticipate pent up demand pic.twitter.com/0g4qvPNpF0
U.S. Small-Business Optimism Declines by Most in Seven Months, 101.4
– NFIB index drops 2.6 points on virus surge, election outcome
– Labor demand remains firm, fueled by strong consumption pic.twitter.com/ThUV9SD6Ts
