Pound hits 14-month low against dollar as CBI hits out over ‘hole in confidence’

Pound hits 14-month low against dollar as CBI hits out over ‘hole in confidence’
By: The Guardian Posted On: January 13, 2025 View: 7

Business group’s chair says government changes could prompt ‘quite an ugly rush’ of job lossesBusiness live – latest updatesThe head of Britain’s biggest lobby group has accused the government of damaging business “confidence and trust”, as the pound hit a new 14-month low against the US dollar.Rupert Soames, the chair of the Confederation of British Industry (CBI), criticised the measures being introduced by the government. Continue reading...

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