Ford to raise UK prices, blaming weak pound

Newswire

LONDON, Nov 25 (Reuters) - Ford Motor Company in Britain will raise its prices by an average of 2.7 percent because of the continued weakness of the pound, the car manufacturer said on Wednesday. The price hike, across most of its UK range, will be the fourth this year, and will be introduced from the start of December. The rise has been "driven entirely by the continued weakness of the pound", which has fallen in value by more than 30 percent since 2007, it said. "The drop in the ...

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