Sterling has dropped to a fresh multi-decade low against the US dollar this morning, as woeful retail sales data shocked the markets. Against the euro, sterling has dropped too, and is currently at a new 18-month low.
Yesterday’s inflation attitudes survey from the Bank of England (an interesting measure of its own performance) showed that the public is unimpressed at the Bank’s efforts to control inflation, with satisfaction to its lowest level since records began 23 years ago.
Most financial institutions, as well as shops and business, will be closed for the Queen’s funeral on Monday.
GBP/EUR past year
From To
