Qualified advisers answering your
Financial Questions
call 0800 092 1245

Sterling rebounds in early trade

Despite the controversy surrounding George Osmond's comments about the UK currency, we saw Sterling rebounds in early trade after a heavy fall over the last few days. This has taken some of the heat off George Osborne and while his comments were factual they may not have been of help to the UK economy at this moment in time.

As we suggested yesterday, there appears to be a growing band of Tory supporters who seem determined to oust George Osborne with the likes of David Davies suggested as a possible replacement. It will be interesting to see if Tory infighting comes back to haunt them after many months of trying to shake off this tag. The main problem with George Osborne seems to be the fact that in the good times he was at the head of the party but in the bad times, when surely the Tory party must be expecting to make more ground, he appears to have been left wanting somewhat.

While there is speculation that the Labour Party vote will start to drift back over the next few weeks there is also concern that the Tory party disagreements may well scupper their chances of winning the next election.

Share this..

Related stories

Financial Guides

Financial Calculators

Our useful calculators can help you get your finances in order:

Latest News


Helpful new tax year facts that could affect you and your money

Blog | Seven helpful new 2016/2017 tax year facts that could affect you and your money. Our recent online blog shares a brief outline on how to stay up to date.

Read more

Useful Links

Popular Searches

Please Enter More Details

Enter More Details