New BoE chief Carney will devalue sterling, Pimco warns

Mark Carney will try to devalue the pound by as much as 15pc after he takes over as Bank of England Governor in July in a last ditch attempt to cement the UK recovery, Pimco, the world’s largest bond house, has warned. Growth in Britain is going to remain “challenged” for the next three to five…

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New BoE chief Carney will devalue sterling, Pimco warns

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