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🟠 Pound Sterling Attempts to Stabilise vs Euro, Dollar After Inflation Shock

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Daily Digest | Oct 17, 2024 Undervalued stocks to consider before Q3 earnings   Online Version   Daily Digest |  Oct 17, 2024     Pound Sterling Attempts to Stabilise vs Euro, Dollar After Inflation Shock     The Pound slumped in immediate reaction to lower-than-expected inflation data, but managed to pare losses early in the New York session, helped by gains in equities. The Pound to Dollar (GBP/USD) exchange rate posted sharp losses to an 8-week low ju
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🟠 Budget: Labour plotting £40bn tax raid to plug public finance gap

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Daily Digest | Oct 16, 2024 Undervalued stocks to consider before Q3 earnings   Online Version   Daily Digest |  Oct 16, 2024     Budget: Labour plotting £40bn tax raid to plug public finance gap     Chancellor Rachel Reeves is preparing to raise taxes and cut spending by £40 billion in the upcoming Budget to plug a reported £22 billion shortfall in public finances, according to a BBC report. She told ministers that the £22 billion shortfall left by the
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