The pound’s positive start to the working week has followed the pattern of recent Monday and Tuesdays.
The week will be dominated by the Bank of England Monetary Policy Committee’s decision on interest rates and QE on Thursday midday, but there is plenty to chew on before that, with data on mortgages, consumer credit and manufacturing PMI within the hour.
After a delay to allow second vaccine doses to catch up, much more of the UK population should start to get a measure of protection against coronavirus with a first jab this month as supplies increase. However, any benefits will need to be measured against a better vaccine performance by the eurozone too.
Friday sees both the local and, more importantly, Scottish election results, plus construction PMI.
