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Sterling loses all gains from before GE poll day vs $ and euro as PM decides to legislate against his Government’s room for manoeuvre on extending UK-EU trade talks beyond next year, as an attempt to leverage a quick deal.. raising chance of WTO terms in a year:
£ still v markedly up since October deal/ August peak of No Deal rhetoric...but extra gains since Election Day reversed pretty quickly.

Question for sluggish real UK economy is whether business investment will be “unleashed” given decision to prolong chances of WTO terms with EU
Worth reserving judgement on whether extension actually made illegal, until new WA Bill published.

That would disarm part of agreed Treaty during ratification - not just a matter for UK.

If it is just Section 30 being taken out, Govt gets more power to extend, no Commons veto..
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