Bank of England
The British pound has fallen to its lowest level against the U.S. dollar since 1985. The currency fell to $1.1407 on Wednesday afternoon — a level not seen since the premiership of Margaret Thatcher. The United Kingdom (UK) is said to be battling double-digit inflation, an energy crisis, and a possible recession. The pound’s […]
Railway staff in Britain on Thursday staged the latest in a series of strikes, once again disrupting commuters and leisure travellers, as decades-high inflation hits salaries and prompts walkouts across various industries. The latest action by rail workers, which will be repeated on Saturday, is part of a summer of strike action by […]
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