The pound weakened against the euro yesterday as tensions over post-Brexit fishing rights escalate. Sterling has strengthened against the dollar.
Following the detainment of a British trawler on the Normandy coast yesterday, the UK has summoned the French ambassador, Catherine Colonna, for talks, calling the move “unjustified”.
It was also announced yesterday that the remaining seven countries on England’s travel red list will be removed. This means passengers arriving from Colombia, Peru, Panama and several other countries will no longer have to spend 10 days in a quarantine hotel.
Markets will now be looking to the Bank of England’s upcoming monetary policy meeting on Thursday for any fresh sterling impetus.
