The pound is on course for its worst month in six years over fears of a potential UK recession and a resurgent dollar pushed up by higher US interest rates
The Bank of England is trying to curb inflation but consumer confidence has plummeted in recent monthsThe pound is on course for its worst month in six years over fears of a potential UK recession and aSterling has lost 4.2 per cent against the dollar in April to $1.25, its biggest monthly decline since October 2016.
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