The pound has collapsed amid rising fiscal risks in Britain – Analytics & Forecasts – 3 September 2025
The British pound weakened sharply on Tuesday amid concerns about the stability of government finances. The GBP/USD exchange rate decreased by 1.22%, falling to 1.3373, the lowest since August 7. The pressure was increased by an increase in the yield of 30-year government bonds to the levels of 1998, which spread to the foreign exchange … Read more