Summary
THE Bank of England is expected to cut interest rates yet again this week in a move likely to send the value of the pound slumping still further against leading foreign currencies.
Despite a rally in sterling's value on Friday, it is vulnerable to further falls. It has already come within a whisker of being worth less than one euro and a deep cut in UK rates could tip it over the edge.See the full content of this document
Extract
Base Rate of 1% Threatens to Trigger a Sterling Crisis
The Bank's Monetary Policy Committee has slashed the base rat...
See the full content of this document
Sponsored links
