Pound boosted by rate rise expectations – business live

The pound made further gains on Thursday after comments by Bank of England governor Mark Carney prompted market speculation of a rise in interest rates

Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business.

Markets had much to digest on Wednesday after surprise comments from Mark Carney were interpreted as a hint that he is moving closer to a vote for a rate hike.

Related: Pound leaps as Carney says growth will be factor in interest rate debate

Continue reading…

Read full original article »