Pound appreciates to eight-month high after BoE minutes

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
The Pound advanced to eight-month high versus the Dollar and Euro as BoE minutes indicated that officials find additional monetary stimulus unnecessary as the economy improves. Sterling gained 0.4% to $1.5964 as of 1:44 p.m. in London following a growth to $1.5980, while gaining 0.4% to 83.62 pence per common currency after achieving 83.53 pence.
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Wed, 18 Sep 2013 14:37:03 GMT

Osborne: Britain should build the high-speed rail to support economy

George Osborne, the U.K. Chancellor of Exchequer, defends the high-speed rail project in the country that can possibly boost the economic growth and employment in Britain. The new rail link, which is planned to be built from the capital to Birmingham, Manchester and Leeds, will cost around 43 billion pounds. It is expected the construction to be started in 2017

Wed, 18 Sep 2013 14:15:04 GMT

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