THE pound has fallen further and government borrowing costs are rising as market turmoil continues.
The fall on Monday means £1 is now worth $1.21 after dropping to $1.23 last week – its lowest level against the dollar since November 2023.
GettyThe impact of this volatility is likely to hit people’s finances[/caption]It followed revelations that government borrowing hit a 27-year high causing concerns over the economy and fears that there need to be more tax rises.
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