Pound hits 33-month high over $1.39 as Covid vaccine optimism lifts markets – business live

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Rolling coverage of the latest economic and financial news

The UK could soon see a surge of ‘pent-up demand’, if the vaccination programmes allow economic restrictions to ease soon, says Michael Hewson of CMC Markets: The UK’s vaccine rollout program is much further advanced than everyone else’s in Europe as the government, over the weekend, met its target of 15m people getting their first jab by 15th February.

 

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zoumrouda Whoopi hoo parliment MPs

I think the stock market concept should be abolished. Only the rich benefit. A new economic principle is badly needed to benefit society as a global commodity rather than the few.

So our exports become dearer just at the time UK business is up that famous creek sans paddle.

Despite you know what

So? The stock market is just rich people’s yacht money

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I'm very bearish on Pound as effects of Brexit set in while Covid effects lessen. Self inflicted injury. Just ask any 'former' EU touring musician now unable to work as the British culture machine winds down, and it's a canary signaling larger changes in the coal mine.

Great...so when we are open for business again we will be too expensive to deal with or to come visit. 🥴

Plus now brexit's happened there's less uncertainty in the markets.

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