Maybe book a holiday?

The 1-minute read to get all the money news plus expert adviser views.

Travel might be allowed

Holidays abroad might be back on the cards for this summer, with tests and a traffic light system to manage the risks. Going to "green" countries will need a test but no quarantine, "amber" will mean quarantine at home, and "red" countries will require a 10-day hotel quarantine. The travel industry is concerned about the cost of testing, and says the £100 PCR rest will make holidays unaffordable for many. We’ll find out next month whether international travel will restart on 17th May.

Steel jobs at risk

Thousands of jobs across British steel works are at risk, as Liberty Steel owner Sanjeev Gupta faces issues in Australia. The tycoon has been left struggling for cash after his main backer, Greensill Capital, went under last month. Now, 2 of his Australian businesses may be shut down, which would put his operations, including 4 UK steel plants, at risk.

Digital pound

A digital version of sterling could help boost London as a financial hub according to think than CityUnited Project. The government is out to make the capital more attractive to traders, after Amsterdam overtook London as Europe’s share trading centre. A central bank digital currency (CBDC) would be based on blockchain, the tech that underpins Bitcoin, and could bring benefits like lower costs.