OOTIKOF / KATZENJAMMER


The OOTIKOF, an internationally renowned society of flamers since 1998, invites you to join in the fun.
Clicking on Casual Banter will get you to all the sections.
 
HomeHome  PortalPortal  Latest imagesLatest images  RegisterRegister  Log in  

OOTIKOF / KATZENJAMMER :: Casual Banter :: Stocks and Investments
 

 Pound falls to lowest level against dollar since 1985

Go down 
2 posters
AuthorMessage
oliver clotheshoffe
Regular Member
oliver clotheshoffe


Posts : 1724
Join date : 2019-02-04
Age : 65

Pound falls to lowest level against dollar since 1985 Empty
PostSubject: Pound falls to lowest level against dollar since 1985   Pound falls to lowest level against dollar since 1985 EmptyWed Sep 07, 2022 2:41 pm
Pound falls to lowest level against dollar since 1985 1iPh5pAm

Sterling fell 0.64% to $1.145 on Wednesday afternoon - a level not seen in 37 years.

The Bank of England said a weaker outlook for the UK economy as well as a stronger dollar were putting pressure on sterling.

Governor Andrew Bailey also warned that little could be done to stop the UK falling into a recession this year as the war in Ukraine continued. He added that it would "overwhelmingly be caused by the actions of Russia and the impact on energy prices".

The Bank expects the economy to shrink in the last three months of 2022 and keep shrinking until the end of 2023.

The warning comes ahead of a government plan to limit a sharp rise in energy bills. It is understood that a typical energy bill could be capped at around £2,500 a year, with new Prime Minister Liz Truss set to announce the details on Thursday.

Currently, a typical household's gas and electricity bill is due to rise from £1,971 to £3,549 in October.

https://www.bbc.com/news/business-62817391
Back to top Go down
The Wise And Powerful
Admin
Admin
The Wise And Powerful


Posts : 111040
Join date : 2014-07-29
Age : 101
Location : A Mile High

Pound falls to lowest level against dollar since 1985 Empty
PostSubject: Re: Pound falls to lowest level against dollar since 1985   Pound falls to lowest level against dollar since 1985 EmptyWed Sep 07, 2022 3:08 pm
Ouch, the pain.
Back to top Go down
https://ootikof.forumotion.com
oliver clotheshoffe
Regular Member
oliver clotheshoffe


Posts : 1724
Join date : 2019-02-04
Age : 65

Pound falls to lowest level against dollar since 1985 Empty
PostSubject: Re: Pound falls to lowest level against dollar since 1985   Pound falls to lowest level against dollar since 1985 EmptyThu Sep 08, 2022 8:56 am
Pound falls to lowest level against dollar since 1985 1m3tw1
Back to top Go down
oliver clotheshoffe
Regular Member
oliver clotheshoffe


Posts : 1724
Join date : 2019-02-04
Age : 65

Pound falls to lowest level against dollar since 1985 Empty
PostSubject: Re: Pound falls to lowest level against dollar since 1985   Pound falls to lowest level against dollar since 1985 EmptyTue Sep 13, 2022 10:40 am
And the very next day Queen Elizabeth dies...

Hmmm...

Pound falls to lowest level against dollar since 1985 V7Htnoem
Back to top Go down
Sponsored content





Pound falls to lowest level against dollar since 1985 Empty
PostSubject: Re: Pound falls to lowest level against dollar since 1985   Pound falls to lowest level against dollar since 1985 Empty
Back to top Go down
 
Pound falls to lowest level against dollar since 1985
Back to top 
Page 1 of 1
 Similar topics
-
» Unemployment Stats
» 1,000 Family Dollar stores are closing, owner Dollar Tree announces
» The Story of The 420 Pound 10 Year Old
» Fisherman reels in 102-pound catfish
» Supreme court tells Biden to go pound sand

Permissions in this forum:You cannot reply to topics in this forum
OOTIKOF / KATZENJAMMER :: Casual Banter :: Stocks and Investments-
Jump to: