By Tom Higham

With Labour about to annouce their last budget before the upcoming general election at half past twelve today the pound has begun the day well against most the major currencies, only against the dollar has the pound lost ground with nearly half a cent positive movement seen against the Euro. With many expecting the budget to be more of a party political broadcast ahead of the election rather than a meaningfull budget we may see some sterling movement in the run up to the announcement at 12:30.

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