Stay updated with breaking news from Atlantic Fleet. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Jul 14, 2022 // British Prime Minister Boris Johnson’s resignation and government collapse are not the only sources of panic in the United Kingdom nowadays. There is growing anxiety about the exchange rate of the British pound as sterling is poised to sink further, explains Berkeley’s Barry Eichengreen.
BERKELEY — British Prime Minister Boris Johnson’s chaotic government, and its equally chaotic collapse, are not the only source of panic in the United Kingdom nowadays. There is growing anxiety about the exchange rate of the British pound as well.
Ejinsight 20220711-Boris-Johnson-leaves-behind-a-sterling-mess Hkej ejinsight.com
A weak pound often appears as a harbinger of economic doom for the UK – now it looks poised to weaken further
British Prime Minister Boris Johnson’s chaotic government, and its equally chaotic collapse, are not the only source of panic in the United Kingdom nowadays.