Sterling remains strong against both the euro and the dollar this morning as England prepares to open up further from Monday.
Speaking yesterday, Bank of England chief economist, Andy Haldane, said that the UK’s economic recovery could “put it at the top of the G7 growth league table”. He also maintained his stance on the BoE reducing its bond-buying programme and expressed his concerns around inflation, saying “the inflation genie is notoriously difficult to get back in”.
Boris Johnson has said he is “anxious” about the Indian Covid-19 variant and would not rule anything out to contain it, a change in tone from his optimism earlier this week.
Nadhim Zahawi, the UK’s vaccine minister, said that the UK may start offering jabs to areas and age groups where it is needed most, such as to younger people in places where the Indian variant is spreading most quickly.
