Sterling falling: Should we be worried?

In our previous articles, we've discussed at length about the energy price shocks that have traumatised most of Europe and the rest of the world. Multiple corporations do trade with governments and corporations listed in the stock exchanges of first-world countries including the London Stock Exchange and the New York Stock Exchange, and would in essence be affected by the effects of the energy price surge.

The energy price shock has been the leading factor contributing to the high inflation seen across the world, which has impacted major currencies including the sterling. Recently, the Chancellor of the Exchequer in the UK, Kwasi Kwarteng announced the British government's spending plan which many fear will spark inflation.