13 October 2025, 17:04 United Kingdom: Sterling Weakens Slightly.
The British pound slipped to $1.333, weighed down by a stronger US dollar and investor caution ahead of the UK’s November budget. Markets are concerned that potential tax hikes aimed at meeting fiscal goals could further strain the fragile UK economy. Finance Minister Rachel Reeves is expected to emphasize fiscal discipline in her November 26 budget, possibly through higher taxes, following her earlier
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