Pound Sterling tumbles to 37-year low against US Dollar after poor UK retail sales figures

Pound Sterling tumbled to a 37-year low against the dollar this morning, pushed further down by disappointing retail sales figures.   It plummeted to  by more than one per cent to 1.1351, its lowest against the dollar since 1985, while continuing its 17-month poor run against the Euro also. The Euro rose to 87.66 pence, its [...]