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City traders in £7bn bet against the pound in Andy Burnham's Britain
City traders placed a £7 billion bet against the British pound in Andy Burnham's Britain. The article highlights significant financial activity targeting the pound's value.
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Adjacent reporting
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- Sterling Is Carrying More of a War Premium Than Euro in Options
- Event Bets Pose a Problem for Wall Street Firms Looking to Trade
- Blackstone’s Jon Gray: The $26 Billion Bet That Felt 'Career Shortening'
- Traders placed over $1B in perfectly timed bets on the Iran war