Once again it feels like the industry is waiting. Today, the Prime Minister will announce his roadmap out of lockdown, and next week the Chancellor will present his Budget to the House of Commons.
Both of these key pieces of information will help give an indication of demand for the year and how output will be driven. The Budget, in particular, will give vital updates on support currently available to businesses and people, such as furlough schemes and Stamp Duty, in addition to news on reverse charge VAT and plans to repay the Pandemic Deficit.
Meanwhile, it seems that there has been no let-up in the pressure on commodity prices, although a recovering pound will help to offset some of these increases.
To lookout for this week
Tomorrow, new data on employment will be released, including unemployment figures, the number of non-UK born workers currently working in the UK, and employment figures by industry.