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Outlook for Sterling in 2010
- By Editor
- Published 8/01/2010
- Lanzarote News Latest
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For
We have come across a very good research document published by Hargreaves Lansdown, the
The outcome of the general election (by June), and the reductions in public spending that will inevitably follow, (probably regardless of who wins), should end the current uncertainty, reassure money markets, and may well improve Sterling's position against the Euro. On the other hand, reduced spending and higher taxes will mean less money in people’s pockets for spending, which will not help the economy or the tourism market.
You can get a free copy of the Hargreaves Lansdown Sterling Review and Outlook as a download from their website.