| Delayed 06:12:00 2024-07-18 EDT | 5-day change | 1st Jan Change | ||
| 0.7699 GBX | +0.15% |
|
-0.50% | -1.99% |
| 10:59am | Yen rises amid intervention nerves; euro eyes ECB | RE |
| 02:51am | Santos' Q2 Production Up 2% Sequentially; Sales Revenue Slips from Year Ago | MT |
LONDON (Reuters) - British finance minister Jeremy Hunt said the Bank of England had his full support after the central bank raised interest rates for the 13th time in a row on Thursday to try to tackle high inflation.
"The Bank of England has my full support as you take action to return inflation to ... target through your independent monetary policy decisions," Hunt said in a letter to BoE Governor Andrew Bailey.
Hunt also said that "tackling inflation relentlessly must be the immediate priority".
(Reporting by Muvija M; Writing by William Schomberg, editing by Elizabeth Piper)
Price
|
Change
|
5d. change
|
Capi.
| ||
|---|---|---|---|---|---|
| 0.8415 GBX | +0.06% | +0.01% | - | ||
| 0.7699 GBX | +0.15% | -0.50% | - | ||
| 0.5631 GBX | +0.17% | -0.86% | - | ||
| 0.5184 GBX | +0.23% | -0.99% | - | ||
| 0.009204 GBX | +0.02% | -1.08% | - | ||
