Tag Archives: Pound

Britain’s pound took a battering on Friday after Prime Minister Theresa May’s Conservative Party lost its parliamentary majority in elections, potentially disrupting Brexit negotiations. Sterling fell two per cent to 1.2698 dollars after sliding as much as 2.5 per cent to 1.2636 dollars in early European trade “GBP=D4”, its weakest level since April 18. May faced calls to quit after …

Read More »