Pound climbs to three-year high against dollar as red-hot inflation dampens hopes of further rate cuts

Daily Mail // Business // Money

Pound climbs to three-year high against dollar as red-hot inflation dampens hopes of further rate cuts

Wednesday 21st May 2025, 9:00PM

In a report that raised questions over Rachel Reeves' handling of the economy, the ONS said average prices rose by 3.5% in the year to April.

Full Story