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.
If you can't see the media player above, you can also listen to the audio file using the following link on your computer or mobile device.
Download: Weighing up the risks to the UK economy & GBP: The Global Markets FX Week Ahead Podcast (MP3)
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