Pound hits one

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Pound hits one

  • Pound falls to one-month low against the euro on reports PM told German Chancellor Brexit deal is “essentially impossible”
  • Productivity slowdown fears after output per hour fell by 0.5pc in second quarter as UK economy contracted
  • FTSE falls slightly as European shares slide ahead of US-China trade talks
  • Recruiters knocked as global economic fears prompt hiring slowdown
  • Hong Kong bourse scraps £32bn bid for London Stock Exchange
  • Tories risk trashing their reputation for competence with Corbynesque spending spree, IFS warns

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