Yesterday markets heard that the UK’s levelling up secretary Michael Gove gave the green light for the country’s first new coalmine to be built. The coalmine, backed by £165m government investment, will be built in Cumbria and is reported to create roughly 500 new jobs in the region.
The rest of the week is fairly quiet for UK data, however markets remain poised for the latest inflation rate which will be released next Wednesday. Over the course of the week, markets will also be anticipating eurozone and US inflation.
