Congress must agree to raise the limit on how much debt the US can have by the end of February, otherwise the country risks default and could be slapped with damaging credit downgrades.
Congress must agree to raise the limit on how much debt the US can have by the end of February, otherwise the country risks default and could be slapped with damaging credit downgrades.
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london
Wall Street closed higher on Friday but was shut yesterday for a public holiday.
The pound was down against the US dollar and the euro at 1.58 and 1.18 respectively, in anticipation of a raft of poor UK data this week.
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