Despite BT’s latest clash with the regulator, it was not among the FTSE 100’s top ten fallers, a position that was instead occupied by mining companies Glencore, BHP Billiton and Anglo American and Lloyds Banking Group, at the time of writing.
By contrast, the pound was riding high against the dollar, rising to $1.2527.
The dollar, which has long been the currency hedge of choice for many UK investors post-Brexit, lost most of the ground gained since the US election in November, after Trump failed to push his alternative healthcare proposal over the line last week.
With Prime Minister Theresa May set to pull the trigger on Article 50 on Wednesday, investors will be waiting to see just how far the sterling rally can go and whether the Trump reflation trade can get back on track.
