General · 23 June 2026
Pound slips again as UK business activity unexpectedly falls
Photo by Philip Veater on Unsplash
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