The British pound dropped 0.60% against the U.S. dollar, pressing its July lows versus the euro.
OECD data confirms the currency's growth problem with a 1.0% growth forecast for next year.
Fears of a new tax raid in the Autumn has stalled the economy.
Pound sterling to stay on the defensive into November's budget.
Horizon Currency Ltd
Albany House
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Horizon Currency's payment and foreign currency exchange services are provided by:
1) Equals Connect Limited, registered in England and Wales (registered no. 07131446). Registered Office: Vintners’ Place, 68 Upper Thames St, London, EC4V 3BJ. Equals Connect Limited are authorised by the Financial Conduct Authority to provide payment services (FRN: 671508).
2) Sciopay Limited Registered in England and Wales (registered no. 12352935). Registered Office: WeWork, WW Moor Place Limited, 1 Fore Street Avenue, London, EC2Y 9DTE. Sciopay Ltd is registered with the Financial Conduct Authority (927951).