Tory/DUP deal by next Thursday
Sterling traded slightly below $1.27 today, investors treading water after a split at the Bank of England over monetary policy added further uncertainty to the outlook for Britain’s economy as […]
Carney – Not the time for a rate rise
Sterling fell by almost a full cent against the dollar today after Bank of England governor Mark Carney said now was not the time to raise interest rates, dashing some […]
Brexit Negotiations Start
Brexit Secretary David Davis starts negotiations in Brussels today that will set the terms on which Britain leaves the European Union and determine its relationship with the continent for generations […]
UK Earnings drop at fastest pace since 2014
British workers’ earnings after inflation contracted at the fastest pace since 2014 in the three months to April, underscoring the growing Brexit squeeze facing many households, official data showed this […]
All Eyes On Thursday
In Britain, the latest opinion poll, by Survation for ITV television, showed Prime Minister Theresa May’s lead over the opposition Labour Party holding at just 1 percentage point ahead of […]
Sterling – Volatile week ahead
Sterling recovered ground today after falling half a cent against the dollar in early Asian deals as traders reacted to another militant attack over the weekend in London ahead of […]
UK Construction & Manufacturing Boost UK Economy
British construction activity grew at its fastest rate since the end of 2015 last month, as a pick-up in housebuilding helped builders shake off a lack lustre start to the […]
Pound declines – Latest YouGov poll shows no majority election win
The British pound dropped today after a new poll found that British Prime Minister Theresa May’s Conservative Party risks falling short of an overall majority in the June 8 national […]
Sterling falls as latest poll shows PM lead is cut further
Sterling fell on Friday after a poll showed a narrowing lead for British Prime Minister Theresa May over her opposition ahead of elections next month, while weakness in oil prices […]
UK GDP grows at slowest pace in a year
Britain’s economy slowed more than previously thought in the first three months of 2017 as rising inflation boosted by last year’s Brexit vote took a toll on household spending, official […]