So is there any way you can bet on a longer term decline in the pound, for example? Well, Goldman Sachs, the much-maligned 'vampire squid' of investment banking, thinks it might have the answer ...
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Even without the major boost of the weak pound, GSK’s performance was good: revenues were up 8% at a constant exchange rate, and profits were up 13 per cent. This growth was thanks to a solid ...
The pound is the world’s worst-performing major ... sterling has only clawed back some of its losses. A weak currency pushes up import costs. Combined with higher energy prices and stubborn ...