Politics in frame as stocks lose Brexit fear

The euro-sterling rate is very stable, settling around 86p and well down from the scary levels of a couple of weeks ago.

Finally, the crash-out scenario has been taken off the table and hopefully it will not return. We have another extension or ‘kick the can’ if you like, this time until January 31. Boris Johnson’s promise to exit by October 31 failed and led to a general election.