Bruised pound shows signs of resilience
While sterling has tumbled versus the dollar since the Bank of England governor Mark Carney announced a suite of measures to support the British economy, the currency only fell to levels seen three weeks ago.
It’s still about 2 per cent higher than the 31-year low reached in the aftermath of Britain’s vote to exit the European Union in June.
Currency investors are considering the trade-off between stimulus measures that tend to...
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Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures