BBCNEWS Business Briefing July 14, 2024
Giving mps more clout to prevent a no deal exit from the eu, that bill will be voted on later today. Thats led the pm to push for a snap election all this uncertainty hitting Global Investors and currency traders. Let me talk you through some of the impact it has had. Yesterday, the pound fell to below 1. 20 against the dollar, its lowest level in three years. As you can see here, the pound was trading at about 1. 50 before the Eu Referendum in june 2016. Sterling has lost nearly 20 of its value since britain voted to leave the referendum. Data from the office for National Statistics show the ...
Source: archive.org