PM Truss is expected to make the official announcement at a press conference.This development doesn't seem to be helping the British pound find demand. As of writing, GBP/USD was trading at 1.1200, where it was down 1.1% on a daily basis. Meanwhile, the UK's FTSE 100 Index is up more than 1% on the day.
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Source: Reuters - 🏆 2. / 97 Read more »