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Economics news post for AS and A2 students at MPW Cambridge - please add brief comments to stories you find interesting or relevant. You can: speculate on future trends; link in with other topics or units; interpret/analyse; evaluate (magnitude of change/short term/long term...); offer a personal evaluation (normative statements) but please offer evidence or an explanation. You can also evaluate other students' comments but please be professional in your response.
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The £1 was worth $2, but investors had doubts on UK's and Gordon Brown's plans to borrow billions more to support the economy but this has sent the value of sterling to fall
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