from Hugo Dixon:

Independent Scotland won’t keep the pound

By Hugo Dixon
February 3, 2014

An independent Scotland will not keep the pound. That’s despite this being the express wish of the Scottish government, which is campaigning for independence in September’s referendum. The reason is that it’s hard to see the rest of the UK agreeing to such a deal – except on terms that would affront Scotland’s amour propre.

from Blogs Dashboard:

A devalued pound can’t save the British economy

By Peter Gumbel
March 14, 2013

There it goes again. Sterling has been dropping sharply this year against the U.S. dollar and especially the euro, as Britain turns to a tried and trusted remedy for its economic problems: devaluation. Even with its slight uptick on Wednesday, sterling is down more than 6 percent against the euro since the beginning of 2013 and has slid 10 percent over the past six months.

from The Great Debate UK:

Waiting for the other shoe to drop

August 25, 2010

USA/

-Laurence Copeland is professor of finance at Cardiff University Business School. The opinions expressed are his own and do not constitute investment advice. -

from The Great Debate UK:

Bank of England Inflation report offers markets a reality check

August 11, 2010

-Mark Bolsom is Head of the UK Trading Desk at Travelex Global Business Payments. The opinions expressed are his own.-

from The Great Debate UK:

Sluggish U.S. economy may threaten UK business development

August 10, 2010

- Paddy Earnshaw is the Director of Customer Relations at Travelex Global Business Payments. The opinions expressed are his own.-

Tories could be making sterling a rod for their own back

March 3, 2010

BRITAIN-CONSERVATIVES/Talking down the pound could have some pretty bad consequences.

Ever since the debacle of sterling being forced out of the European exchange rate in September 1992, British officials and politicians have maintained a stiff upper lip when talking about the pound.

Is powerful Mandy talking up the euro?

June 14, 2009

When Prime Minister Gordon Brown reshuffled his cabinet last week, fending off a challenge to his authority, a significant outcome was the creation of one of the most powerful ministerial jobs Britain has seen in years.

Of course it’s genuine — I made it myself

March 28, 2008

tails.jpgEveryone, surely, would love to have a licence to print money. Well, one man has taken the concept to a whole new level. It might sound bonkers, but Sheridan “Shed” Simove has created his own currency.