Sterling climbs to 21-month high against euro
The pound rose to its highest level against the euro in nearly two years as the European Central Bank (ECB) prepares to fire the starting gun on global interest rate cuts next week.
Sterling has climbed 0.6 per cent against the euro over the past month, reaching a peak of just under 85p per euro earlier on Wednesday morning.
This put the pound at its highest level against the euro since August 2022.
MORE