Saturday 15 November 2008

Gordon Brown risks run on the pound, says George Osborne

The Times:

"The Shadow Chancellor’s warning of dangers to the pound came as sterling remained under intense pressure on currency markets.

The pound yesterday slipped to a 13-year low against a basket of other currencies. The dollar rate fell to below $1.48 and the euro rate to €1.17, a record low, capping its biggest weekly fall against the single currency."

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