Sterling cedes ground as economy worries return – Reuters
 The Guardian |
Sterling cedes ground as economy worries return
Reuters LONDON, Aug 9 (Reuters) – Sterling fell against the dollar on Thursday, erasing some of the previous day's gains, as speculators bet the Bank of England may soon resume quantitative easing to help stimulate the economy. The pound rose on Wednesday … Bank of England in no rush to act despite bleak economy King Backs Cameron Budget Plan as BOE Lowers Outlook: Economy Bank of England expects UK economy to return to weak growth later this year |
