Pound recovers
■ Sterling was up 0.6 per cent to $1.2846 at 1540 GMT after earlier hitting a high of $1.2877. ■ Versus the euro, the pound gave up earlier gains and traded flat at 88.715 pence.
■ Sterling was up 0.6 per cent to $1.2846 at 1540 GMT after earlier hitting a high of $1.2877. ■ Versus the euro, the pound gave up earlier gains and traded flat at 88.715 pence.