Market Extra: Here’s How The Weak Pound Could Wreck The U.k.’s Economy

A decline in a currency’s value typically benefits an economy by making goods and services produced within it more competitive on the global market. But for the U.K., it could be too much of a good thing.

Topics:  u.k   market   economy   
BING NEWS:
  • Weaker pound takes FTSE 100 to best week in six months
    The UK's FTSE 100 was on course for its biggest weekly gain in more than six months on Friday, as a slide in sterling supported companies earning in dollars, while banks came under pressure from weak ...
    11/22/2024 - 3:16 am | View Link
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