Hammond warning

• K. Chancellor of the Exchequer Philip Hammond declined to rule out quitting the government in protest if the U.K. plunges out of the European Union with no deal in the next nine weeks.

 

• The House of Commons is trying to prevent that from happening in a series of votes scheduled for Jan. 29, with pound traders bullish as they see the chances of a no-deal Brexit fading.

 

• Away from politics, companies are still struggling to get contingency plans in place.

(Source: Bloomberg)