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Britain's budget watchdog is expected to cut a key productivity forecast by 0.3 percentage points, which could lead to a £20 billion hit to public finances. The pound was 0.24% lower at $1.3298 and was the worst-performing major currency against the dollar that day.
A larger fiscal gap raises expectations of tax rises and weaker UK growth, pressuring sterling against the dollar. Weaker sterling makes dollar-priced feed imports more expensive for UK buyers.
reuters.comOct 28, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
