The pound is still trading around strong levels against the euro and the dollar this morning, underpinned by some positive labour market figures.
The unemployment rate in November fell from 4.2% to 4.1%, better than expectations. The number of people claiming for unemployment benefits also fell by 43.3 thousand in December.
According to the Office for National Statistics, 184K employees were added to the payroll in December, beating analyst expectations for a rise of 120K. These figures show that the labour market is performing well post-furlough and could provide fresh impetus for the Bank of England to hike interest rates in February.
