The pound is slightly weaker this morning due to a fall in the global markets, which has come about because of rising COVID-19 cases in both India and Japan. Despite this, sterling is still trading higher against the euro and dollar than this time last week.
A series of data was released for the UK this morning, including inflation rate figures for March. Rising fuel and clothing prices pushed the rate higher from February’s reading, although this was offset by lower food prices.
The EU’s drug regulator has now approved the Johnson & Johnson vaccine after shipment to the EU was halted due to blood clot concerns. This boost to vaccine supplies should support the European vaccine effort and accelerate rollouts further.
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