Pound sterling
Currency of the United Kingdom
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Sterling is the currency of the United Kingdom and nine of its associated territories. The pound is the main unit of sterling, and the word pound is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling.
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Pound hit by biggest fall in 18 months and long-term borrowing rates up after major budget tax rises The pound has fallen by the largest amount in more than 18 months - after the chancellor announced the biggest tax rises in a generation.Sky News - Published | |
Pound reaches another high not seen since early August The pound reached a four-month high against the dollar as hopes raised that Chinese lockdowns would ease and American interest rates increases would slow.Sky News - Published | |
Pound falls after chancellor unveils autumn statementJeremy Hunt's autumn statement has failed to offer much cheer to markets, with both stock indexes and the pound all below their opening mark.Sky News - Published | |
Pound hits a six-week high as Sunak becomes prime minister The pound hit a six-week high as Rishi Sunak became prime minister today, another sign of the markets welcoming the country's new leader.Sky News - Published | |
Pound steadies as markets expect Bank of England action to prop up UK currency The collapse of the value of the pound in the wake of Friday's mini-budget appears to have stalled, for now, but only thanks to market expectations that the Bank of England will intervene.Sky News - Published | |
Pound sinks to record low against the dollar as chancellor and prime minister defend mini-budget The pound has fallen to a record low against the dollar.Sky News - Published | |
Pound falls to two-year low as political uncertainty adds to gloomy economy The pound has fallen to a two-year low as the political landscape adds to uncertainty in an economy already under strain.Sky News - Published | |
Pound falls to lowest level since COVID crash amid Sturgeon's fresh indyref aim The pound has fallen to its lowest level against the dollar since the onset of the pandemic, fuelled by concerns about the economy and the prospect of a second Scottish independence referendum.Sky News - Published |
