Business · 1 hour ago
Our pound's back, strongest since Brexit
Photo by Suzy Hazelwood on Pexels
The currency's upward shift follows a drop in the American dollar after Donald Trump lost the US midterm elections. Official Bank of England figures published on Thursday showed sterling climbing against other global currencies ahead of an expected interest rate hike. Analysts believe that Britain's improving trade relationship with the European Union has also made the country more attractive to international investors.
Reported by The Guardian · How we write briefs