While many have speculated that the COVID-19 crisis could cause the UK's largest recession for 300 years, the Bank of England is optimistic that the repercussions will leave limited scarring in the long-term.
Risks though are tilted firmly to the downside for the UK economy.
Lee Hardman, currency analyst at MUFG, considers whether a lack of progress in Brexit trade talks could trigger a weaker pound in this week's podcast.
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