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Seven days: 30 August 2019

Seven days: 30 August 2019

Boris plans suspension

Sterling fell against the US dollar after Boris Johnson asked the Queen to suspend parliament for at least a month in a bid to prevent MPs blocking a no-deal Brexit on 31 October. MPs are due to return on 3 September but parliament is expected to be prorogued until a Queen’s speech on 14 September. The move was criticised by many MPs, including Commons speaker John Bercow, who said the plans were a “constitutional outrage”. Sterling had declined 0.6 per cent against the US dollar, at the time of writing. 

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