The pound has certainly firmed up quite a bit since the arrival of the Sunak government and attendant budgetary responsibility drive by the new Downing Street team.
The pound was trading at nearly €1.17 as we went to the presses in early December. The converse rate is 86 pence to the euro.
The pound has also strengthened considerably in that period against the dollar, now trading at $1.23, where parity was not far off just two months ago.
