Pound Falls _ Debt Warning
Published / Last Updated on 07/06/2010
by Ashley Clark, Director
The pound fell 1cent against the US Dollar this morning amid warnings from a leading credit rating agency that the UK debt problem was 'formidable'. The pound also fell by one cent against the Euro.
We suggest the key to our future currency stabliity will be the strength (or not) with which the emergency budget on 22 June will tackle the UK's debt.
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