COURSE CORRECTION
At the start of October the pound stabilised after the course correction by the UK government.The pound was trading at £1 = €1.15 by the 4th of October. Conversely the euro was worth 86.9p on FX markets. That rate at least should make Irish mushroom growers heave a sigh of relief, as the currency moved away from the red alert zone.Sterling was also gaining back ground against the dollar.