Analysts Expect Pound Could Drop To 1.08 By Year End
The pound will tumble to levels not seen since 2017 against the euro as Brexit turmoil outweighs a dovish European Central Bank, according to analysts. Sterling is likely to slide […]
Pound Drops 14th Day In A Row
Sterling plunged again in early London trading this morning as pressure mounted on Prime Minister Theresa May to name a date for her departure. The British currency has been falling […]
PM Could Resign This Weekend
Pound Sterling hit its lowest level since a January flash crash today as Prime Minister Theresa May’s last-ditch Brexit plan failed to win over either opposition lawmakers or many in […]
Sterling/Dollar Below 1.27
Sterling fell below $1.27 for the first time since mid-January, battered by dollar strength and expectations that Prime Minister Theresa May will fail to persuade cabinet colleagues to back an […]
Pound Volatility Continues Over Brexit
The pound remained near a two-week low this morning, and investors said more losses were likely if Prime Minister Theresa May’s proposed Brexit deal gets voted down again next month. […]
UK Unemployment Lowest Since 1970’s
Britain’s unemployment rate fell to its lowest level since the mid-1970s as a pre-Brexit hiring surge continued, but workers’ pay rose a bit less quickly in the first three months […]
Conservatives drop to 5th in latest opinion polls
Prime Minister Theresa May’s Conservatives have fallen to fifth place in an opinion poll ahead of the May 23 European parliamentary election as pressure grows for her to set a […]
UK Manufacturing Boosts Economy
Britain’s economy got a sharp one-off boost in the first three months of 2019, official figures showed this morning, as manufacturers rushed to deliver orders before a Brexit that never […]
Sterling drops off after recent gains
Sterling slid nearly half a percent yesterday on rising concerns about the progress of Brexit negotiations and worries Prime Minister Theresa May is facing a mounting challenge to her leadership. […]
Pound Gains Due To positive Brexit Talks
Sterling was the star winner last week as boosted by renewed hope of a Brexit deal between the government and opposition. Poor results for both Conservatives and Labours are piling […]