{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/9475d117-fcd4-4915-a6f3-923941e7aa0d/6331b84cdf0bb600138e4437?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"The pound drops, but will it sink or swim?","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/61ba05fc1a8cbed4343cf0e6/5883ea1e-0ebe-4d27-9746-2bf0605b19e6.jpg?height=200","description":"<p><a href=\"https://www.standard.co.uk/news/politics/pound-record-low-dollar-track-kwasi-kwarteng-liz-truss-b1028026.html\" rel=\"noopener noreferrer\" target=\"_blank\">The biggest drop in the pound since 1971</a>, rumours of <a href=\"https://www.standard.co.uk/news/politics/labour-investigation-leaks-mini-budget-pound-streling-united-states-dollar-kwasi-tulip-siddiq-b1028051.html\" rel=\"noopener noreferrer\" target=\"_blank\">hedge funds shorting the currency</a>, and claims Tory MPs are not happy about it. But is it time to worry? The Evening Standard’s Political Editor Nicholas Cecil explains what has happened, and the impact a drop in the pound could have. Plus <a href=\"https://twitter.com/matthewlesh\" rel=\"noopener noreferrer\" target=\"_blank\">Matthew Lesh</a> from the <a href=\"https://iea.org.uk/about-us\" rel=\"noopener noreferrer\" target=\"_blank\">Institute of Economic Affairs</a> explains why some good could come from the fall in Sterling. In this episode:</p><p><br></p><ul><li>The pound’s record drop explained</li><li>How could the Bank of England boost the pound?</li><li>Unrest among some backbench Conservative MPs</li><li>Could the drop be a temporary blip?</li><li>How a crash in the 80s was a turning point for Sterling</li><li>Why it’s a case of ‘wait and see’</li></ul><p><br></p><p><a href=\"https://twitter.com/EveningStandard\" rel=\"noopener noreferrer\" target=\"_blank\">Follow us on Twitter</a> #TheLeaderPodcast</p><p><br></p>","author_name":"The Evening Standard"}