Inflation is grabbing all the headlines, but the crumbling pound is threatening to make things even bleaker for the UK’s economy this winter. Fresh from posting its worst monthly performance since the 2016 Brexit vote, forecasters suggest sterling could soon fall to $1.05 — a 37-year low. That would raise the cost of imports, further fueling inflation just as the onset of cold weather forces the UK into an energy crisis. The collapse of the pound reflects and reinforces the UK’s wider economic woes, with the weakness of the currency and the country at large feeding off each other. The prospect of a looming recession — dampening the Bank of England ’s appetite for sharp interest-rates hikes — is a problem that has dogged the pound […]