Pound falls to its lowest rate in almost a month – London Business News | Londonlovesbusiness.com

Date:

Share:


The pound has fallen to its lowest rates in nearly a month as there are suggestions the Bank of England could reduce interest rates steadily throughout autumn and winter.

Economists believe there is a 96% chance the Bank of England could lower interest rates in November and again in December.

On Monday £1 will buy some $1.30 which is the lowest level since September and £1 will buy you €1.19.

The FTSE is up 0.38% and the FTSE 250 rose 0.44%, Brent Crude reached almost $80 on Monday with is a six-week high.



Source link

━ more like this

Blippo+ arrives on Nintendo Switch and PC in color September 23

Blippo+, the zany cable TV simulator , now has its release date for Nintendo Switch and PC. It lands on September 23 and...

An AI Model for the Brain Is Coming to the ICU

The Cleveland Clinic is partnering with San Francisco-based startup Piramidal to develop a large-scale AI model that will be used to monitor patients’...

How Attorney Morris Bart love of New Orleans helps others to be heard – London Business News | Londonlovesbusiness.com

It is hard to stand out and be heard in a congested world, and Morris Bart knows all about this. His father passed...

Sony Bravia Theater Bar 6 review: Great sound, greater frustration

Unlike two of its , Sony waited until April to unveil its latest soundbars rather than debut them at CES in January....
spot_img