As positive COVID-19 data points to the effectiveness of the vaccine roll-out, confidence in the bounce back of the UK economy is growing. Will this mean an upgrade to GDP forecasts at the Bank of England policy update this week?
Lee Hardman, currency analyst at MUFG, outlines what to expect from the update, including outlook for the pound and Quantitative Easing (QE) purchases. Lee also touches on the upcoming Scottish Parliament elections – could another independence referendum be on the cards?
Disclaimer: www.mufgresearch.com (PDF)