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'No more Santa Sunak.' New U.K. prime minister faces a battle to keep markets calm, say analysts.

Por: MarketWatch Business October 24, 2022

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The pound was weaker, down 0.8% to $1,1282, but having still recovered ground from a low of $1.1061 on Friday. News that with news that former Prime Minister Boris Johnson had bowed out also helping. “Sunak is seen as having a safer pair of hands than his predecessor, with his constant warnings about the disastrous consequences of Liz Truss’s economic policies being proven correct,” said Nigel Green, chief executive officer of deVere... + full article



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