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The sterling sinks as the dollar's rally continues

The British pound falls to its lowest level against the US dollar since 1985, as a new Prime Minister steps into office and investors flock to the safe-haven currency.

The British pound has fallen to its lowest level against the US dollar since 1985, as a new Prime Minister takes office and investors flock to the safe-haven currency. We hear more from Kenneth Rogoff, former chief economist at the International Monetary Fund.

Cineworld has filed for bankruptcy protection in the United States. The second largest cinema chain operator is struggling to rein in its massive debt. Wall Street Journal's Alexander Gladstone tells us more.

Apple has launched its latest products, which include the iPhone 14 and the iPhone 14 Pro Max. What new features do these smartphones have and are they worth the upgrade? We ask Bobby Allyn, tech reporter for NPR.

As Russia cuts gas supplies via the Nord Stream 1 pipeline to Germany, Berlin now relies on the highly-polluting coal to produce almost a third of its electricity. We talk to Thomas Matussek, a former German ambassador to the UK and adviser to Flint Global.

The record of the priciest female footballer transfer has been broken: Barcelona has signed England international Keira Walsh from Manchester City on a three-year deal. We hear more from Andrea Ekblad is Rights Director - Women's Sports at DAZN.

And we discuss the latest events in the markets with Susan Schmidt, head of US Equity at Exchange Capital Resources in Chicago.

(Picture: Dollar bills. Picture credit: Getty)

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27 minutes

Last on

Wed 7 Sep 2022 21:32GMT

Broadcast

  • Wed 7 Sep 2022 21:32GMT