Jonathan Cook
on January 9th, 2024 Sterling had a good time of it against the US dollar yesterday, but had to fight hard to end around parity against the euro.
UK Chancellor Jeremy Hunt’s scheme to reduce national insurance from 12% to 10% came into effect this week. The treasury claims the move will save the average working family almost £1000 per year, although there is a suspicion that the move is politically motivated as the UK heads into what is likely to be an election year.
GBP/USD: the past year
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