Your English writing platform
Discover LudwigSuggestions(1)
Exact(1)
It could also weaken the pound further against other big currencies, pushing up costs for holidaymakers and raising the price of imports to the UK.
Similar(59)
Then there was David, who showed up at the ranch at 409 pounds, further weighed down by losing his wife cancer while their two girls were still young.
Many analysts believe the pound has further to fall.
Another rate cut would likely put more pressure on the pound and further stoke price pressures in the economy.
On Friday, the pound weakened further, hurt by the gloomy manufacturing survey and as tight opinion polls fanned Brexit worries.
The pound slid further after the report, extending its losses this week, and European shares fell amid continued worries about the health of the financial sector.
The flipside of the weaker pound was further upward pressure on import costs for manufacturers and they passed part of that on in higher prices last month.
Growth in the UK's manufacturing sector has eased and the weak pound is further driving up firms' prices, according to an industry survey.
Then from around 3am, as the SNP wipe-out in Scotland became undeniably clear, and any remaining Labour hopes were squashed, the pound rallied further still.
So we have already had some tightening of monetary policy, and the Bank of England may have reservations about pushing the pound up further.
The final nail in the coffin would be a rise in US rates, triggering a rush of funds across the Atlantic, forcing the pound down further and inflation higher.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com