Sterling reached a new high against the US dollar this morning, while apart from a brief slip at lunchtime yesterday sterling has remained strong against the euro too.
It continues to be powered by optimism over a rapid economic rebound as the UK approached 20% of the population being vaccinated, with the tailwind of the Brexit deal agreed six weeks ago and rising stock markets.
The British government ruled out an official form of vaccine passport, despite leaders in tourist hotspots such as Greece calling for it. However, as the vaccine minister Nadhim Zahawi pointed out, you could show evidence from your GP.
The UK’s system of enforced quarantine for arriving travellers will be up and running from next week.
The US is preparing for the impeachment trial of Donald Trump. Parts of the country are preparing for an easing of lockdown, with cases falling by a third in two weeks and nearly 10% having their first vaccine. Restaurants in New York City will open on Friday.
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