Pound has biggest fall since Brexit & Covid

I’m sure you’ve seen the news...

The Pound had its biggest one-day fall since Brexit and Covid on Friday.

The UK governments big tax cuts have gone down like a lead balloon.

Ramping up government debt at a time of rapidly rising interest rates is seen as risky bordering on reckless.

What’s more, it doesn’t seem to make sense.

You have the UK government pumping the accelerator while the Bank of England is slamming the brakes. Um, what’s the plan here?

The new Chancellor is also fanning the inflationary flames saying more cuts are coming. He might want to turn on the news.

There’s going to be some volatile times ahead.

So what next, what should you do?

I know the news is scary right now, but every crisis brings opportunities.

We are here to help you navigate the currency markets and make the most of your money.

If you want to get a quick quote, find out the latest market trends, or target a specific rate?

Then now is a good time to get in touch.

Current rates: 

Tuesday 28th September 2022 at 07:45

£1.00 GBP = 1.1170 EURO

£1.00 GBP = 1.10677 USD

£1.00 GBP = 1.6747 AUD

£1.00 GBP = 1.9131 NZD

£1.00 GBP = 1.4726 CAD

£1.00 GBP = 19.4008 ZAR

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