The pound has weakened against the euro and has fallen to yearly lows against the dollar this morning as concerns around a new coronavirus variant rise.
The new variant, first identified in South Africa, has more mutations than previous variants, sparking fears that the current vaccines may not be as effective against it. Several African countries have been placed on England’s travel red list as a precaution.
Tensions between the UK and France have escalated following Prime Minister Boris Johnson’s letter about Wednesday’s migrant tragedy. French President Emmanuel Macron expressed his anger and disappointment at the letter, saying it was “poor in substance, and totally out of place” and has subsequently cancelled talks with the UK.
