Pressure On Theresa May

Prime Minister Theresa May’s Brexit strategy means disaster for Britain, former foreign secretary Boris Johnson said, as critics at home and officials in Brussels step up their opposition to her […]

Sterling Remains Close To 1 Month Highs

Sterling remained close to one-month highs against the US dollar after Wednesday’s comments from EU chief negotiator Michel Barnier promising the UK a ‘unique deal’. However, he warned yesterday that […]

Pound Rallies After Barnier Comments

The British pound held firm today, after making its biggest gains in seven months yesterday, taking heart from the European Union’s offer of a post-Brexit ‘partnership’. The pound surged as […]

Government Step Up Planning For A No-Deal Brexit

Sterling fell again this morning as the government stepped up planning for a no-deal Brexit, reviving concern among investors about what would happen to the currency if Britain left the […]

Trump Comments Weaken US Dollar

The pound rose towards a two-week high this morning after the dollar fell following comments from U.S. President Donald Trump that he was unhappy with the Federal Reserve for raising […]

Brexit worries continue to weaken Sterling

Worries about whether Britain can agree a trade deal with the European Union over coming months to avoid a sudden and disorderly exit from the bloc continue to keep most […]

Positive UK Data This Morning

Britain’s economy picked up some speed in the second quarter after a sharp winter slowdown earlier in the year but lost momentum in June, official data showed this morning. Gross […]

Sterling Weakness Continues

The likelihood Britain crashes out of the European Union without a trade deal has increased, an outcome that would hurt an already weak pound, according to economists and foreign exchange […]