The pound is down against the dollar and the euro after Theresa May failed to make progress during her Brexit trip to BrusselsEU leaders reject May’s idea to salvage her Brexit dealEuropean markets suffer heavy losses after weak China dataNew EU car sales; ‘gilet jaunes’ protests weigh on growthThe bumper business Christmas quiz 2018 1.57pm GMT US retail sales rose 0.2% in November, as expected. October’s number was revised up, to show growth of 1.1%, versus an initial estimate of 0.8%.Happy holidays! US retail sales from November post solid gains, led by (surprise!) nonstore retailers. I.e. E-commerce. AKA Amazon. https://t.co/s5zeFMP3xq 1.32pm GMT The brief press conference is over and the pound is off a little more since the Prime Minister stood up. She was in defiant mood, insisting EU leaders are committed to seeing her deal get over the line in parliament. Continue reading…
Via: Pound falls after May's Brexit blow in Brussels – business live
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