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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Americas+1 212 318 2000
EMEA+44 20 7330 7500
Asia Pacific+65 6212 1000
As broad selling took hold in UK markets for a fourth day, focus turned to the pound after it fell to the lowest level in over a year. Concern that the Labour government will struggle to keep the nation’s deficit in check amid higher borrowing costs pushed sterling down as much as 1% on Thursday to $1.2239. That’s the weakest level since November 2023. Today’s guests: Themistoklis Fiotakis, Barclays; Peder Beck-Friis, PIMCO; Odile Renaud-Basso, EBRD President (Source: Bloomberg)