Reuters
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Pound surges on reports of new UK chancellor
Posted
July 17, 2026
Views
616
Likes
8
Engagement
1.30%
July 17, 2026
616
8
1.30%
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0:49Now PlayingReports that Shabana Mahmood is set to become UK finance minister under incoming prime minister Andy Burnham drove a sharp pound rally, with CIBC Capital Markets analyst Jeremy Stretch saying markets viewed the pick as a 'relief' given her fiscally cautious reputation.
#News #Reuters #Newsfeed #ShabanaMahmood #AndyBurnham #PoundSterling #UKPolitics #UKEconomy #Chancellor #JeremyStretch #CIBCCapitalMarkets #GBP #Sterling #BreakingNews #UKNews #WorldNews #LabourParty #FiscalPolicy #ForexNews #CurrencyMarkets #Finance2026 #UKGovernment #EdMiliband
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