The euro grew stronger against the pound sterling on September 23, 2022, when many investors denounced the UK government for its economic plans. That day, the UK government announced its plans to roll out trickle down economics in the country - financial measures that would mostly benefit the wealthier parts of UK society and that would eventually "spill over" to other parts of the country. Such measures had been introduced before in the United Kingdom during the 1980s - when GDP did increase overall. Nevertheless, many economists and investors believed the current plans were "risky" or "an experiment", as the economy suffered from issues on the demand side.
Euro (EUR) to British pound sterling (GBP) historical price table from June 6, 2023, to June 4, 2024
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Statista. (June 5, 2024). Euro (EUR) to British pound sterling (GBP) historical price table from June 6, 2023, to June 4, 2024 [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/1336183/eur-gbp-historical-price-table/
Statista. "Euro (EUR) to British pound sterling (GBP) historical price table from June 6, 2023, to June 4, 2024." Chart. June 5, 2024. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/1336183/eur-gbp-historical-price-table/
Statista. (2024). Euro (EUR) to British pound sterling (GBP) historical price table from June 6, 2023, to June 4, 2024. Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/1336183/eur-gbp-historical-price-table/
Statista. "Euro (Eur) to British Pound Sterling (Gbp) Historical Price Table from June 6, 2023, to June 4, 2024." Statista, Statista Inc., 5 Jun 2024, https://www.statista.com/statistics/1336183/eur-gbp-historical-price-table/
Statista, Euro (EUR) to British pound sterling (GBP) historical price table from June 6, 2023, to June 4, 2024 Statista, https://www.statista.com/statistics/1336183/eur-gbp-historical-price-table/ (last visited October 31, 2024)
Euro (EUR) to British pound sterling (GBP) historical price table from June 6, 2023, to June 4, 2024 [Graph], Statista, June 5, 2024. [Online]. Available: https://www.statista.com/statistics/1336183/eur-gbp-historical-price-table/