BGN Entrepreneur

Sterling received some respite, pulling away from a 10-month low against the dollar as stronger-than-expected UK economic data gave the pound a lift.
Figures indicated that the consumer confidence in the UK rose in February to its highest level ever since the start of 2008, while a survey of activity in the UK services sector came in far stronger than forecast, hitting its highest level ever since the beginning of 2007.
The pound also received support on reports that the UK insurer–Prudential might not complete its $35bn purchase of the Asian unit of the stricken US insurer—AIG.

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