- Wednesday, 23 September 2009Minutes from the latest Monetary Policy Committee (MPC) meeting reveal that the group believe the UK economic outlook to be better than initially expected.
However, even with potential economic stabilisation, it has been widely reported over the past few months that unemployment is likely to continue to rise.
As a result, there may well remain a number of people who continue to struggle financially and come to rely on debt advice.
Speaking with regards to the impact of the economic situation on currency, senior analyst at currency broker Caxton FX Duncan Higgins said: "The short term outlook for sterling now appears more stable.
"However, there is a raft of data on the UK economy coming out next week, including Current Account and a Survey on the Manufacturing Industry, which could potentially dampen demand for the pound."
UK unemployment now stands at just short of eight per cent.
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