The pound is fairly strong this morning against both the euro and the dollar, benefitting from the Prime Minister’s announcement that there will be no new Covid restrictions in England before the new year.
Sterling is also building on gains made after the Bank of England rose the interest rate to 0.25%, as well as further suggestions the Omicron variant isn’t as severe as the Delta and poses less risk of hospitalisation.
It’s a quiet week for UK data, with data on house prices due to be released tomorrow.
