Summary
The pound has strengthened again against the US dollar -good news for holidaymakers heading for America but very bad news for West Midlands exporters like Jaguar and Land Rover.
A rise in interest rates meant the pound hit a 12-month high of $1.914 earlier this month, and while it fell following the alleged Heathrow terror plot it was up by more than 0.5 per cent to around $1.8940 yesterday.See the full content of this document
Extract
Strong Pound Is Good . . . And Bad
It was offset by gains for the euro against sterling as invest...
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