Sterling rediscovered its mojo yesterday, and that continues this morning, powering ahead and breaching $1.40 on positive economic news. There is a similar but less consistent performance against the euro.

Elsewhere in the business news, the proposed new European Super League continues to provoke outrage among football fans (and bafflement among many other people), the Bank of England has created a taskforce to look into the creation of a digital currency, dubbed “Britcoin”, and the UK has set tough new climate targets for itself.

There is also good news this morning on UK jobs.

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