The pound has stumbled lower amid uncertainty over Boris Johnson’s leadership despite his victory in Monday’s confidence vote and as fears mount over the strength of the UK economy.
(Picture: PA Archive)THIS week saw the 40th anniversary of the arrival of the 20p piece. What would that 1982 coin be worth now? 5p. That’s what inflation does to the pound in your pocket, was the point.
Some saw that as indicative of a wider malaise for our currency – there is no question it is under pressure.
