At 14:00 (GMT+2), the speech of the head of the Bank of England, Andrew Bailey, will take place. Investors hope to hear in the official's speech hints about further regulator's actions to curb inflationary pressure. The authorities believe that last week's interest rate hike and the overall tightening of monetary policy will positively impact the short term. Still, there are risks to the economy in the medium term due to soaring inflation and the development of the military conflict in Eastern Europe.
