The pound is still at strong levels this morning due to positive vaccine news earlier this week and optimism surrounding a Brexit deal. Negotiations are expected to continue in London from tomorrow and the markets will await further updates.
There are also expectations that Prime Minister Boris Johnson and President of the European Commission, Ursula von der Leyen, will talk over the phone this week in an attempt to secure a high-level breakthrough.
Chancellor of the Exchequer, Rishi Sunak, will set out his spending plans today for the coming year. He will also explain the economic damage caused by the coronavirus pandemic.
