		<div class="wpcnt">
			<div class="wpa">
				<span class="wpa-about">Advertisements</span>
				<div class="u top_amp">
							<amp-ad width="300" height="265"
		 type="pubmine"
		 data-siteid="111265417"
		 data-section="2">
		</amp-ad>
				</div>
			</div>
		</div><p>The British pound rose on Monday despite an announcement from Scotland&#8217;s First Minister outlining plans to hold a second independence referendum in light of Brexit. Sterling climbed over 0.6% versus the euro to 1.147, and rose more than 0.5% against the US dollar to 1.222.</p>
<p>The currency rose even after Nicola Sturgeon said she would seek the approval of MSPs at Holyrood next week to start negotiations with the UK Government on a deal that would allow a legally binding ballot to be held.</p>
<p>The move could mean a second independence vote could take place as early as autumn 2018 &#8211; but the news did not surprise markets.</p>
<p>Jasper Lawler, a senior market analyst at London Capital Group, said: &#8220;The British pound was higher on the day since the announcement was well telegraphed by Scottish First Minister Nicola Sturgeon.</p>
<p>&#8220;The pound has already fallen sharply since the first rumblings of another referendum began two weeks ago.&#8221;<br />
He said future currency movements will depend on whether UK Prime Minister Theresa May decides to allow Ms Sturgeon to hold the vote.</p>
<p>However, &#8220;the critical language so far from the Government would suggest it won&#8217;t grant the referendum,&#8221; Mr Lawler added.</p>
			<div style="padding-bottom:15px;" class="wordads-tag" data-slot-type="belowpost">
				<div id="atatags-dynamic-belowpost-68ed707c55fd0">
					<script type="text/javascript">
						window.getAdSnippetCallback = function () {
							if ( false === ( window.isWatlV1 ?? false ) ) {
								// Use Aditude scripts.
								window.tudeMappings = window.tudeMappings || [];
								window.tudeMappings.push( {
									divId: 'atatags-dynamic-belowpost-68ed707c55fd0',
									format: 'belowpost',
								} );
							}
						}

						if ( document.readyState === 'loading' ) {
							document.addEventListener( 'DOMContentLoaded', window.getAdSnippetCallback );
						} else {
							window.getAdSnippetCallback();
						}
					</script>
				</div>
			</div>
Discover more from London Glossy Post
Subscribe to get the latest posts sent to your email.
