VOT Research Desk
GBPUSD is continuing to rise above 1.1700, supported by positive UK GDP data and a generally declining US dollar. The spot price was last seen rising by 0.24% for the day to 1.1741.
Economic stability, harsh choices must be made.
I am under no doubt that there is a challenging path ahead – one that will need incredibly painful decisions to restore trust and economic stability,” UK Finance Minister Jeremy Hunt said on Friday.
Since Putin weaponized gas supplies and waged an illegitimate war in Ukraine, we are not immune to the global dilemma of high prices and weak development.
There is no other way to get debt under control, control inflation, and create long-term, sustainable growth.Our country’s finances have a pretty large hole.
Helping people and companies will come more quickly if we can address public budgets.As chancellor, the best thing I can do is come up with a strategy to lower interest rates and inflation.
