Damage to UK Economy Worse Than Initially Thought : UK PM Cameron

That should put more pressure on GBP.
 
Speaking at an annual event, UK PM Cameron expressed concerns about economic growth. Main take aways:

• Has made progress on recovery, but it may take longer than expected.
• Will progress more on deficit reduction plan.
• Will not let Britain ‘join the slide’
• Necessary to cut spending, keeping rates low and spurring job creation
• Will meet Scotland’s Salmond next week  to set a date for Scottish independence referendum before 2014