Change in rules could free £1.3bn for public services, says former chancellor Gordon Brown, but is that doable?
Are you trying to understand the latest twists in the USD GBP saga?
Japan's currency is plumbing three-decade lows. + The main culprit of weakness in the last couple of years is the interest-rate gap between the U.S. and Japan. + A big gap encourages carry trades, in which investors borrow in yen and invest in higher-yielding dollar assets.
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