DislikedHi Folks
George Osborne ( Chancellor) was on TV this morning talking about the Budget on Tues. Looks like there wil be cuts, cuts and more cuts across all sectors.
Anybody have any thoughts on what effect this will have on Sterling?
MaggiIgnored
Ironically, it might be supportive, because it shows a willingness to get the budget under control. In the long run....it would weaken it I think, mainly because it might slow growth a bit......but there might be a small bump.
Any other takers on this question?????