BoE’s Mann: Britain’s growth prospects would benefit from cheaper childcare, spending on staff training

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“Britain and other rich nations should consider a carbon tax as the most efficient way to reduce greenhouse gas emissions,” Bank of England (BoE) policymaker Catherine Mann said on Monday.

The policymaker spoke at Britain’s Resolution Foundation think tank, part of a series looking at long-run challenges to growth.

Following the latest macro, GBP/USD pares intraday losses while bouncing off daily lows to 1.2580. It’s worth noting that the Cable pair rose in the last three consecutive days before recently making rounds to the highest levels in a month.

Also read: GBP/USD Weekly Forecast: Bulls’ fate hinges on US inflation data, Fed verdict

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