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Friday, September 8, 2017

Pound boosted by UK manufacturing growth

The pound has risen above $1.32 for the first time in five weeks after UK manufacturing output rose for the first time in 2017 in July * Euro hits $1.2092 after ECB hints at tapering stimulus * UK manufacturing output rises for first time in 2017 * British exports to EU rise, exports to rest of the world fall * Daily Mail publisher in talks to buy Express and Star * UK economy ‘treading water’ as eurozone gets ahead 1.10pm BST MEANWHILE IN GREECE, THE VISITING FRENCH PRESIDENT, EMMANUEL MACRON, HAS BEEN CHAIRING A MEETING OF GREEK AND FRENCH ENTREPRENEURS. 12.41pm BST The pound is up 0.8% against the dollar at $1.3205, helped by July’s stronger-than-expected manufacturing output growth. Continue reading...


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