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LONDON :British industrial technology company Smiths Group has upgraded its annual forecasts after a 27 per cent increase in first-half profit as demand for its products soars on decarbonisation trends and from airport upgrades. The FTSE 100 group makes precision scanners used at airports, venues and borders,
The pound sank almost 1.3 per cent back towards $1.35 against the dollar. That was its lowest level since January. It was also down more than 1per cent against the euro, dropping below €1.16.
MARKET REPORT: UK energy crisis puts Sterling on a knife edge dailymail.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailymail.co.uk Daily Mail and Mail on Sunday newspapers.