Pound rallies to its highest level in a year as strong economic growth dents rate cut hopes
![Pound rallies to its highest level in a year as strong economic growth dents rate cut hopes](https://i.dailymail.co.uk/1s/2024/07/11/20/87222709-0-image-m-18_1720726241984.jpg)
As the Office for National Statistics revealed output is rising at the fastest pace for two years, sterling climbed by a cent to as high as $1.2947.
As the Office for National Statistics revealed output is rising at the fastest pace for two years, sterling climbed by a cent to as high as $1.2947.