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Pound Stays Stronger as Data Shows U.K. Construction Contracted

Feb. 4 (Bloomberg) -- The pound stayed stronger against the euro and the dollar even as a report showed construction activity in the U.K. contracted at a faster pace than forecast last month.

The pound appreciated 0.5 percent to 86.48 pence per euro at 9:33 a.m. London time. Sterling rose 0.2 percent to $1.5722.

To contact the reporter on this story: Emma Charlton in London at echarlton1@bloomberg.net

To contact the editor responsible for this story: Paul Dobson at pdobson2@bloomberg.net

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