The pound has strengthened further against the euro but has fallen to monthly lows against the dollar.
Prime Minister Boris Johnson has defended his recently announced energy security plan – which aims to increase the UK’s energy independence by boosting nuclear, wind and hydrogen power – after criticism that it does not do enough to help soaring consumer energy bills.
In the data world, a survey by the Bank of England revealed that nearly half of UK businesses expect the Russia-Ukraine conflict to impact their sales in the year ahead.
It’s a quiet day for data releases today, but we will see GDP figures for February on Monday and unemployment figures on Tuesday.
