Pound US Dollar (GBP/USD) Exchange Rate Crashes on Upbeat US Data, UK Economic Woes
Pound US Dollar (GBP/USD) Exchange Rate Crashes on Upbeat US Data, UK Economic Woes | Currency News UK
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Pound US Dollar (GBP/USD) Exchange Rate Crashes on Upbeat US Data, UK Economic Woes | Currency News UK
The figures increase pressure on the Government over the country’s economic outlook with Chancellor Rishi Sunak recently admitting there would be “bumps on our road to recovery”, in light of issues such as Covid and supply chains. Many industries have struggled with rising costs, particularly on energy and labour, as well as shortages of key […]
No signs inflation is abating as industry group’s measure of factory prices hits 30-year high
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The number of British manufacturers raising prices has hit its highest in at least two decades, according to a survey published on Monday as the Bank of England considers whether to head off inflation pressure with an interest rate hike this week.