Market Extra: Here’s How The Weak Pound Could Wreck The U.k.’s Economy

A decline in a currency’s value typically benefits an economy by making goods and services produced within it more competitive on the global market. But for the U.K., it could be too much of a good thing.

Topics:  u.k   market   economy   
BING NEWS:
  • Stock market today: Dow falls 375 points as traders brace for new inflation data after weak GDP
    Stocks dropped and bond yields rose as investors digested a tough reality of slowing GDP growth and stubbornly high inflation.
    04/25/2024 - 9:21 am | View Link
  • Housing market shows signs of picking up
    Signs of life were seen in the UK housing market in the new year with a rise in the number of mortgages being approved. Activity remains weak overall, with potential buyers still nervous about ...
    02/28/2024 - 10:59 am | View Link
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