Sterling hit its highest rate for 13 months, strengthening nearly 2% against last Monday against the euro, powered by more good news on vaccine rollout and the first day of fractionally more relaxed lockdown rules.

There was also growth in early trading against the US dollar but this fell away around lunchtime and ended where it started.

Yesterday, mortgage lending data came in above expectations for February, while approvals were below expectations.

There is no significant data today, but plenty early tomorrow morning including GDP and house prices.

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