UK


Pound £ GBP crashes to lowest value in history

Pound £ GBP crashes to the lowest value in history Economy | Europe | UK  FACT BOX: In 1971 the UK replaced a highly complex system of Pounds, Shillings, Pence, Crowns and Sovereigns with the current decimal currency system of (£) Pounds and (p) Pence. The GBP crashed hard early…




UK officially in recession as economy crumbles

UK officially in recession as the British economy crumbles Economics | Europe | UK | Recession FACT BOX: By March 2022 the UK economy was shrinking at a monthly rate of 0.1% according to the UK’s Office of National Statistics. Battling political chaos following more than 100 criminal fines and…