NTD News Today Full Broadcast (August 28)

Published on August 28, 2024

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Pound Hits Two-Year High Against US Dollar

August 28, 2024
The pound has reached a two-year high against the U.S. dollar amid expectations of a more cautious monetary policy by the Bank of England compared to the Federal Reserve.Tuesday saw sterling peak at $1.3246 in the highest climb since March 2022. The two-and-a-half-year high stabilised around this value at the beginning of trading on Wednesday.The dollar has been under pressure, following comments

Starmer Meets With Scholz in Berlin as UK Seeks to ‘Reset’ Relations With EU

August 28, 2024
British Prime Minister Sir Keir Starmer set out plans for a new treaty with Germany on Wednesday as part of a wider reset of relations with the European Union.The prime minister, who agreed that a deal with Berlin would be in place by the end of the year following talks with German Chancellor Olaf Scholz, called it a “once-in-a-generation” opportunity.Starmer and Sholz met at the Chancellery in Be