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Evening Standard
Evening Standard
Business
Anna Wise

Pound weakens and government borrowing costs rise again after Truss speech

The pound has wiped out its gains from earlier in the day, falling in value against the US dollar following the Prime Minister’s speech at the Conservative Party conference.

Sterling dipped by 1.4% to 1.1312 dollars shortly after Liz Truss told the conference that the Government was making “difficult but necessary” choices to stimulate economic growth.

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