The Bank of England Governor Andrew Bailey is too young to remember much first hand about the sterling devaluation in 1967, when prime minister Harold Wilson nonsensically claimed the pound in people’s…
Tag: pound
Bank Must Put Up Rates Again To Prop Up The Pound, Says Top Official
Bank of England must put up rates again to prop up the pound and curb inflation, says top official By Daily Mail City & Finance Reporter Published: 16:51 EDT, 20 June 2022…
ALEX BRUMMER: Britain’s economy is often at its best with a weak pound
Upside of a weak pound: Britain’s economy often performs better when sterling is allowed to depreciate, says ALEX BRUMMER By Alex Brummer for the Daily Mail Published: 22:27, 14 June 2022 |…
Recession fears rock shares and the pound
Recession fears rock shares and the pound as storm clouds gather around the global economy By Hugo Duncan for the Daily Mail Published: 22:22, 13 June 2022 | Updated: 22:39, 13 June…