Category: British pound

British Pound Hits Record Low Versus Dollar; Apple Says Shifting Production to India | NTD Business

The British pound plummets to a record low against the dollar. Why? And what does it mean for people in the UK? Apple announced it’s now making its new flagship iPhone 14 in India—a possible trend of companies moving manufacturing out of China. Land values are rising, as there’s less and less room to build homes….

British Pound Falls to Record Low Against US Dollar After Tax Cut Plans

The British pound has plunged to an all-time low against the U.S. dollar after the UK government announced a massive tax-cutting programme, which is the biggest in 50 years. Sterling fell by more than 4 percent to just 1.03 dollars in early Asia trading before it regained some ground to about 1.07 dollars early on…