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Examples

  • The sector, which has been boosted by the pound's depreciation since late 2007, has performed well and was the one bright spot in the economy's surprise contraction in the fourth quarter of 2010.

    Industrial Output Signals Slower Euro-Zone Growth Nicholas Winning 2011

  • Times Higher Education reported in January that the drop in the pound's value was having a "crippling effect" on the budgets of UK university libraries, which faced huge increases in subscriptions costs for research journals from the US and elsewhere in Europe.

    40% of university libraries plan cuts to book and journal purchases next year (UK) 2009

  • The pound's influence was waning as the British Empire began to crumble.

    It's a Long Haul to the Top Alex Frangos 2011

  • The Bank of England's forecast for a faster-than-expected rate of inflation—hitting 5% in 2011—brought forward expectations for a U.K. rate rise, boosting the pound's prospects.

    Dollar Jumps on Euro Bradley Davis 2011

  • The manufacturing sector has been boosted by the pound's depreciation since 2007, however, Rob Dobson , senior economist at Markit said the weak sterling exchange is now having less impact due to the softer economic growth in key trading countries.

    U.K. Manufacturing Contracts Ainsley Thomson 2011

  • Other factors, not least a higher-rate tax increase from 40% to 50%, and the pound's weakness against the euro, the currency in which the big European clubs pay their players, will have a significant impact.

    Big Ben Ashes stunt may land Australia in legal action Matt Scott 2010

  • The 25% drop in the pound's value has made imports dearer at a time when global commodity prices have surged, pushing up the cost of energy and food, and when VAT has been raised in two successive years, first to 17.5%, then last January to 20%.

    Osborne's autumn statement shows a Britain worse than it was in the 1970s | Larry Elliott 2011

  • And they are dismissive of the idea that a single investor now could play the role of George Soros, who was seen as precipitating the pound's humiliating plunge out of the European exchange rate mechanism by shorting sterling on Black Wednesday in 1992.

    Why we all get burnt in the bonfire of the bond markets 2011

  • Then there are the problems common to the holiday industry: the drop in the pound's value that makes foreign trips dearer, the package holiday-killer that is the internet, and the unrest in north Africa.

    Shopping: low spirits on the high street | Editorial 2011

  • The pound's influence was waning as the British Empire began to crumble.

    It's a Long Haul to the Top Alex Frangos 2011

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