Sunday, Oct 25, 2026
Focus on the big picture

What will be the fallout after sharp drop in sterling? | Inside Story

Al Jazeera, 28 Sep 2022
The British pound is struggling to hold value against the US dollar after hitting an all-time low.
The fall is raising concerns about the UK's economy and its appeal to international investors.
The new British government unveiled major tax cuts based on borrowed money, and many are concerned about the amount that is needed.
That has led to days of volatility in the value of sterling and undermined its status as a reserve currency.

What is the fallout on an already struggling economy, both in the UK and outside?

Presenter: Hazem Sika

Guests

Vicky Pryce, chief Economic Adviser at the Centre for Economics and Business Research

Jonathan Lis, Political Commentator

Brian Lucey, Professor of International Finance and Commodities at Trinity Business School

Subscribe to our channel: http://bit.ly/AJSubscribe
Follow us on Twitter: https://twitter.com/AJEnglish
Find us on Facebook: https://www.facebook.com/aljazeera
Check our website: http://www.aljazeera.com/
Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/

#GBP #GBPUSD #BritishPound #Sterling #LizTruss #UKCostOfLiving #UKEconomy #InsideStory
Related Articles