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'We Do Not Have a Weak Pound,' O'Neill Says
Posted
January 13, 2025
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3,038
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January 13, 2025
3,038
44
10
1.78%
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1:57Now PlayingMember of the UK House of Lords and former chairman at Goldman Sachs Asset Management Jim O'Neill discusses the recent pound moves. "We do not have a weak pound," O'Neill tells Bloomberg Television. Speaking to Bloomberg's Francine Lacqua, he adds: "What we have got is a very significant rise in bond yields going on and it is a bit more in the UK than in other countries, and so that is obviously an issue for the interplay with UK fiscal policy."
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