
The pound has climbed to its highest level against the dollar in almost a year as the US banking crisis spreads.
Sterling rose to $1.26 on Friday morning, an increase of half a cent – its greatest recovery since late May 2022.

The pound has climbed to its highest level against the dollar in almost a year as the US banking crisis spreads.
Sterling rose to $1.26 on Friday morning, an increase of half a cent – its greatest recovery since late May 2022.