Neil predicts bleak future for sterling

Robertson, Edward
September 2009
Travel Weekly (UK);9/25/2009, p10
Trade Publication
The article presents the opinion of Andrew Neil, former editor of the newspaper "Sunday Times," on the position of the British pound as compared to both dollar and the euro. He states that the pound was unlikely rise against either currency soon mainly due to the debts of Great Britain. While speaking at the 2009 Advantage business travel conference, he said that people working in the financial sector believed the pound would hit parity with the euro, and might soon be worth as little as 1.50 dollars.


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