UK PM May faces a fight to seal Brexit deal
Prime Minister Theresa May will try to convince senior ministers this afternoon to accept a draft European Union divorce deal that opponents said would imperil her own government and threaten […]
Brexit Deal Could Be Done By Wednesday
The United Kingdom and the European Union are almost in touching distance of a Brexit deal which could be clinched in the next 24 to 48 hours, Prime Minister Theresa […]
Sterling Volatility Kicks In
The British parliament will vote down Prime Minister Theresa May’s possible Brexit, so voters should be given a new referendum, May’s former education minister said this morning. Asked if there […]
UK Third Quarter Growth Strong
Britain’s economy kept up healthy momentum during the third quarter, but this may prove a high watermark ahead of Brexit, official figures showed this morning. Gross domestic product in the […]
Dollar Recovers From Mid Term Election Losses
The dollar rose this morning, pulling away from lows hit yesterday, as the market breathed a sigh of relief after the U.S. midterm elections and as investors turned their attention […]
Pound Continues To Gain
Sterling rose a quarter of a percent this morning as hopes grew for a Brexit deal breakthrough, encouraging investors to buy the British currency with the struggling dollar also fuelling […]
Sterling Rallies On Positive Brexit News
Sterling rallied after a newspaper report said Britain was nearing a deal for leaving the European Union and that an all-UK customs arrangement would be part of it. With talks […]
Deal Likely
Sterling gained this morning, putting it on course for its second-best week of 2018 on optimism for a Brexit deal and signals from the Bank of England that if the […]
Pound Hits Fresh Lows
Sterling hit a ten-week low on this morning as concern about Britain’s departure from the EU led investors to largely ignore hopes of an end to austerity raised by Britain’s […]
Market Update
The pound inched down to just above two-month this morning as traders prepared for the British finance minister’s annual budget speech later in the day. Philip Hammond will use his […]