The pound is stronger against both the euro and the dollar this morning, supported by news that Boris Johnson is ‘clinically stable’ and that his health is gradually improving. The Prime Minister has been in ICU since Monday, when his coronavirus symptoms took a turn for the worse.
According to a survey of recruiters, British employers’ demand for staff dropped in March, with job vacancies contracting for the first time in nearly 11 years as the coronavirus pandemic stopped hiring activity.
There has already been a series of data releases for the UK this morning, including industrial production, which came in for February slightly up on January. However, construction output dropped, coming in worse than expected.
