The pound strengthened to a three week high against the euro and is strong against the dollar, following news of reopening plans. In the Daily Briefing yesterday, the Culture Secretary announced that gyms, pools and outdoor performances will return from the 25th of July, whilst beauticians, nail salons and tattooists can open from Monday.
Safety measures and guidance has been submitted by the government. Guidance will also be published for team sports to return from tomorrow.
Sterling is also stronger after cautiously optimistic rhetoric surrounding Brexit negotiations, which took place in London this week. Reports suggest that, although there are still sticking points on both sides, discussions have, so far, been useful. It’s also thought that the EU could be willing to compromise on the fishing waters issue.
