Pound news

Here are the latest news stories from the UK, including the pound:

Pound News

• The pound has fallen to a two-year low against the US dollar, trading at around $1.30. This is due to concerns over the UK's economic outlook and the potential for a no-deal Brexit. (Source: BBC News)
• The Bank of England has cut its growth forecast for the UK economy, citing uncertainty over Brexit and the global economy. The bank now expects the economy to grow by 1.3% in 2023, down from its previous forecast of 1.7%. (Source: The Guardian)
• The pound has also been affected by the ongoing trade tensions between the US and China, with investors seeking safe-haven assets such as the US dollar. (Source: Financial Times)

Other UK News

• The UK's high street is facing a crisis, with over 10,000 shops closing in the past year. The British Retail Consortium has warned that the industry is facing its toughest trading conditions in decades. (Source: The Telegraph)
• The UK's National Health Service (NHS) is facing a major crisis, with hospitals struggling to cope with demand and staff shortages. The NHS has warned that it is facing its worst winter in years. (Source: The Independent)
• The UK's climate change targets are under threat, with the government facing criticism for its lack of action on the issue. The UK is currently on track to miss its target of reducing carbon emissions by 80% by 2050. (Source: The Times)

Brexit News

• The UK and EU have agreed on a new Brexit deal, which will see the UK leave the EU on October 31st. The deal has been welcomed by businesses and investors, who had been worried about the impact of a no-deal Brexit. (Source: The Financial Times)
• The UK's Supreme Court has ruled that the government's decision to prorogue Parliament was unlawful. The court has given the government until October 14th to recall Parliament. (Source: The Guardian)
• The UK's opposition parties have launched a bid to block a no-deal Brexit, with Labour and the Liberal Democrats calling for a vote of no confidence in the government. (Source: The Telegraph)