Sentences with phrase «value of sterling»

In the immediate scenario the impact of the loss of value of sterling is already being felt as funds get shifted to overseas work to compensate.
The recent fall in value of Sterling versus the US Dollar will also raise the price of many products.
«Retailers could be impacted as producers are under immense pressure to offset price rises caused by the weakened value of sterling and higher import costs, squeezing already tight budgets and resources and potentially cornering them into using cheaper global suppliers that may be more vulnerable to fraud.»
He succumbed to IMF austerity in order to get loans to support the value of sterling.
Viewed through both of these examples, we can see that Britain was experiencing hot flows of cash into London (thanks to the City's status) which drove up property prices and the value of sterling.
At times of market turbulence, such as the uncertainty which Britain finds itself as it tries to untangle itself from the EU could mean that algorithmic trading in the City could have led to the «flash crash» in the value of Sterling.
The fall in the value of sterling since the EU referendum has meant Premier League teams have paid out an extra # 31.5 million with prices up by 17 per cent in the just closed January transfer window, according to analysis by Best for Britain who said some of the cost will be passed on to supporters.
As the Bank of England has pointed out, higher VAT, higher tuition fees and the sharp fall in the value of sterling since 2010 have driven up inflation and reduced the living standards of British families.
These figures obscure the seismic impact of this decision, something which the financial markets immediately recognised, with almost 20 % being wiped off the value of Sterling before 9 am, with Sterling now worth a figure last seen in the mid-1980s.
Certainly, the recent fall in the value of Sterling has temporarily boosted our exports.
Coupled with an increase in the value of Sterling over the Dollar, this was an opportunity not to miss.
The value of sterling slumped by more than 10 % to just $ 1.32 on Friday — its lowest level for more than 30 years and the largest single - day fall in history.
The value of sterling has already fallen significantly; a vote to leave would prompt a further significant depreciation, heaping pressure on businesses trading with the UK.
«For example, the value of Sterling is seen as a short - term issue and doesn't create conditions for long - term investment.
For those invested in the London property market, the deterioration in the value of sterling overnight will have erased any gains in recent years
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