The pound has weakened slightly against the euro and the dollar this morning, as the UK lifts most COVID-19 restrictions on ‘Freedom Day’. The government’s chief medical officer, Professor Chris Whitty, warned on Friday that the UK is “not out of the woods” and that the country could find itself in a “scary” position in the coming weeks.
For the rest of this week, the markets will be looking to economic data releases and policy guidance from the Bank of England. Bank of England official, Jonathan Haskel, will speak later today.
Business optimism figures will be released for the UK on Thursday, followed by consumer confidence and retail data on Friday.
