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Sterling pound

Sterling pound latest

UK: Pound Rises as Traders Eye Fiscal Policy U-turn
October 17th, 2022 - 08:24 GMT

UK: Pound Rises as Traders Eye Fiscal Policy U-turn

Sterling rose Monday as Britain's new finance minister prepared to announce new tax and spending measures aimed at calming markets after a botched debt-fuelled budget by his predecessor sent shivers through trading floors. Jeremy Hunt was put in place on Friday after Prime Minister Liz Truss sacked Kwasi Kwarteng as she battles to save her political career just weeks after taking the keys to Downing Street. Hunt is tipped to ...
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