The governments huge borrowing requirements shock the city and cause currency weakness.
Foreign Currency Exchange comments on the 2009 Budget.
Sterling hit its highest point against the US Dollar.
Overseas property owners are taking out mortages on their holiday homes abroad to buy bargains in Britain
Head to the Commonwealth to take advantage of Sterling's dramatic slide against other currencies - FC Exchange.
With the banking crisis reaching new lows, the unthinkable is being thought: could Britain be the next Iceland?
The Mirror - "1 per cent interest rate likely as pound sinks"
The Guardian - "MPC minutes send pound to record low against euro"
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