Pound strengthens against euro after Bank signals interest rate rise
by Shane Hickey from Economics | The Guardian on (#EKD8)
Sterling hit high of more than seven years after Bank of England governor Mark Carney indicated that period of 0.5% borrowing costs will end within months
The pound has hit a seven-and-a-half year high against the euro after Mark Carney signalled that the first rise in interest rates since the global financial crash could take place around the turn of the year.
