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Transatlantic balance buoys sterling towards pre-Brexit berth - REUTERS

DECEMBER 13, 2024

LONDON, Dec 13 (Reuters) - Sterling's return close to pre-Brexit referendum levels against the euro owes much to Britain's delicate dance between resetting relations with Europe and the return of "Trumpism" in the United States.
A services-heavy British economy should weather trade tariffs threatened by U.S. President-elect Donald Trump better than an already hobbled euro zone. And repairing rifts with latter, still the UK's biggest trading partner, holds out some hope of re-attracting investment flows from the European Union.

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