The pound is still weaker against the euro and the dollar this morning after the Bank of England’s interest rate decision last week. Just two BoE policymakers voted in favour of raising interest rates, whilst seven voted to keep the rate the same.
This week, all eyes will be on UK GDP figures, which are due to be released on Thursday. The economy is predicted to have expanded by 1.5% in the third quarter of this year.
Flights from the UK to the US are resuming today after the White House opened US borders to fully vaccinated travellers after more than 600 days. Visitors must be fully vaccinated and have a negative test to enter.
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