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.
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