“Since the nadir in late 2008, sterling has clawed back roughly a half of the violent depreciation it suffered against the euro in the initial stages of the banking crisis, with much of the rebound occurring in the past six or seven months”.

Jeremy Warner in today’s Telegraph

Suits me…. I’m hopefully off to sunny Spain this weekend , had enough of this crap UK weather , no doubt it’ll brighten up while i’m away

;)