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Podcast: Beyond Currency
Episode: 1 September 2022 - Weakening currency to add to inflation woes
Description: Sterling is suffering from the country’s economic prospects, as traders see the Bank of England being helpless to halt the seemingly endless rise in inflation. It feels like almost every day there is a further prediction of a quite incredible rise in inflation, with the latest being 25% early next year.
With activity, particularly in the manufacturing and industrial sectors, slowing alarmingly, the new Prime Minister will take over at what could be a historically critical time.
Liz Truss or Rishi Sunak will be expected to announce new policies to ease the cost-of-living crisis, with figures published yesterday showing that th...