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UK Economy

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UK Economy
British Pound Tumbles as UK Bond Crisis Deepens, Prompting 1976 Analogies
Market Analysis

British Pound Tumbles as UK Bond Crisis Deepens, Prompting 1976 Analogies

The British pound plunged to a 14-month low against the dollar on Thursday as soaring government borrowing costs and weakening investor confidence intensified pressure on the UK economy.

Tim FriesJan 9, 20253 min read