Could Greece’s troubles turn into a run on sterling?
The euro is tumbling against the dollar as Greece’s financial problems threaten the whole eurozone. Why then is the pound tumbling too?
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The Edge
Richard Northedge takes on corporate finance
Archive for the ‘Pound Sterling’ category
Dollar dividends cut UK investors’ income
When is a dividend increase not an increased dividend? When the company denominates its dividends in dollars but pays them to UK investors.
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Sterling devaluation by stealth
Does the bank of England have a secret policy to devalue the pound? It’s being highly successful if it has.
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Why higher energy prices are a good sign
If the bad news is that oil is back over $60 a barrel, that rise is also the good news too. While it puts pressure on costs, the price increase is also telling us the recession is ending.
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Some losses are other people’s gains
The UK is suffering from global problems, the government constantly says. Well in that case, how come Britain has a record trade deficit and a falling currency?
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What is Governments policy on the pound?
Nevermind whether comments from Conservative shadow chancellor George Osborne can move sterling, who is in charge of looking after Britain’s currency? When the Bank of England was made independent, managing the exchange rate fell through the cracks.
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