#Latest news with #corporatetreasureBloomberg22-05-2025BusinessBloombergUK Firms Race to Fix Currency Hedging After Surge in the PoundA surge in the pound and global currency volatility are driving a focus on foreign-exchange risk across Britain's boardrooms. Some companies are amping up hedges to protect their bottom line, others are avoiding locking in a level for sterling and a few are even considering moving manufacturing to the UK to avoid the exposure altogether, corporate treasurers said at an annual industry meet in Newport, Wales this week.
Bloomberg22-05-2025BusinessBloombergUK Firms Race to Fix Currency Hedging After Surge in the PoundA surge in the pound and global currency volatility are driving a focus on foreign-exchange risk across Britain's boardrooms. Some companies are amping up hedges to protect their bottom line, others are avoiding locking in a level for sterling and a few are even considering moving manufacturing to the UK to avoid the exposure altogether, corporate treasurers said at an annual industry meet in Newport, Wales this week.