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Pound Plunges to Record Low Against Euro

Gloomy economic outlook sends British currency tumbling

By Rob Quinn, Newser Staff

Posted Sep 2, 2008 2:26 AM CDT

(Newser) – The British pound has sunk to its lowest level ever against the euro since the European currency was introduced in 1999, the Financial Times reports. The fall follows Chancellor Alistair Darling's dire warning that the outlook for the British economy is the worst in 60... Read full story »

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Pound Plunges to Record Low Against Euro

Gloomy economic outlook sends British currency tumbling

United Kingdom • currency • financial markets • recession • pound • euro • Alistair Darling • foreign currency

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