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General · 23 June 2026

Pound slips again as UK business activity unexpectedly falls

Pound slips again as UK business activity unexpectedly falls

People and firms face more uncertainty as weak business figures and a softer pound add to worries about the UK economy. Investors watched for news on Keir Starmer's successor on Tuesday while a survey showed business activity fell during June. Sterling traded at $1.3222 after a 0.2% fall against the dollar, and S&P Global's composite PMI dropped to 49.4.

Reported by Reuters · How we write briefs

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