Pound's Plunge Sparks Surge in U.K. Consumer Stocks

The pound fell even as a report showed the U.K.’s annual inflation rate accelerated more in June than economists forecast, with traders awaiting the first data that indicate the state of the nation’s economy since last month’s Brexit vote. Bloomberg's Thomas Buckley reports and Seven Investment Management CIO Christopher Darbyshire discusses with "On the Move" hosts Guy Johnson in London and Caroline Hyde in Berlin.

Full Show: Surveillance (09/21)
53:18 - Bloomberg Surveillance hosted by Tom Keene, Francine Lacqua, and Nejra Cehic. Guests include Yale University Senior Fellow Stephen Roach, Wolfgang Ischinger, chairman of Munich Security Conference, Richard Attias, executive chairman at Global Event Management, Ron Temple, Lazard Asset Management co-head of multi-asset and head of U.S. equity, and Bricklin Dwyer, BNP Sr. Economist, U.S. & Canada. (Source: Bloomberg)
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