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Rishi Sunak set to become new UK PM, UK markets rally

October 24, 2022 10:06 pm

The 42-year old will become the country's third prime minister in less than two months, after his predecessor, Liz Truss, was brought down after just six weeks in office by an economic programme that roiled markets.

In an echo of history, the British Pound has lost its dominance

September 29, 2022 1:41 pm

The Bank of England had to step in Wednesday after markets deemed a new government economic plan as unwise, but the pound has been on a longer slide.

Petition to feature Noor Inayat Khan, Indian-origin Britain spy, on new 50 pound note gains steam in UK

October 22, 2018 7:59 pm

Raised in Britain and France, Noor Inayat Khan was a descendant of Tipu Sultan and daughter of Indian Sufi saint Hazrat Inayat Khan.

Pound and sterling retreat after Manchester Arena explosion

May 23, 2017 8:51 am

Sterling eased 0.1 percent to $1.299, extending Monday's 0.3 percent loss. The pound dropped 0.3 percent to 144.32 yen, after losing 0.2 percent on Monday.

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