Markets monitor effects of Omicron variant

After falling sharply on Friday following the news of a new, more mutated, variant of Covid-19, the pound has regained some strength against the euro but is still struggling against the dollar. As of tomorrow, face masks will be mandatory in shops and on public...


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Pound begins climb back

After all the alarms went off on Friday when the Omicron variant hit the headlines, sending the stock market and sterling tumbling, this morning the pound has begun a climb back against the euro. It has already breached €1.18 in early trading. There is very little...


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Pound weaker as new Covid-19 variant identified

The pound is weaker this morning as concerns about a new Covid-19 variant, first identified in South Africa, mount. This variant appears to have more mutations than previous versions, raising questions over the effectiveness of the current vaccines. As such, markets...


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