Pound falls below $1.24 to 2024 low
A late PS: The pound has dropped below $1.24 for the first time since last November.
Sterling is down almost half a cent tonight at $1.2391, after BoE deputy governor Sir Dave Ramsden said he thought inflation could be lower over the next few years than the Bank had previously forecast.
Closing post
Time to wrap up; here’s today’s main stories so far:
https://www.theguardian.com/business/2024/apr/19/finnish-startup-food-air-solar-power-solein
