What is going on with the British pound?

Pound sterling has continued to sell off this morning, and UK government bond yields have ticked higher as UK risk assets remain under pressure.

The pound fell below $1.23 against the dollar in early trade and is currently down 0.7 per cent against the dollar and 0.6 per cent against the euro.

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Produced by: Elliot Gulliver-Needham, Joseph Curay Teneda, Emmanuel Nwosu

#finance #money #investing #investment #economy #ukeconomy #personalfinance #financialnews #news #uknews

[katiekilbo]

Don't simply retire from something; have something to retire to. Start saving, keep saving, and stick to investments. Building wealth involves establishing routines, like consistently setting aside funds at regular intervals for smart investments

[joe]

Multinationals especially those in city need to pay their fair share of taxes stop manipulating us .

[markmewordz]

An inevitable consequence of QE, economic inertia and government borrowing. Bags of fun on the way.

[MumsUKGardenKitchen]

It sounds like she doesn’t really understand finance as well as she thought she did. As usual it will be the working class that bear the brunt of a politicians ineptness

[wetflannel]

How much more does the gov need to do to show the public they are hopeless

[lewissmith]

Could it be anything to do with the change in us power, trump and co angry at UK being centre left led

[davidcarroll]

Do this shower realise what they have done???

[vincentmcgarry]

Are we going for another Northern Rock 2008 crash with banks?

[demraxofficial]

dw m8, central cee and 21 savage just dropped a song about it. It'll be fine

[FastEddie]

Do you have problems on windy days with those ears?🤣

[joamiraclesound]

UK soon will be an arabic country, with a dinar money 🤣

[mattmcauley]

It's going down, like Ivor caplin