The pound and British government bond prices rose slightly on news of Penny Mordaunt’s withdrawal - which meant Rishi Sunak would be the next prime minister.
Against the dollar, the pound rose slightly by 0.15%
I think its a honeymoon period, the statement due on Halloween ( or soon after) will be the key.
Thank goodness for that!!
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Now that there is no “Trickle-Down Truss” the only way for the pound is … UP …
Nice to see you posting Carol