The week ahead
Over the weekend, amid speculation that the Bank of England could raise interest rates as soon as May, Chief Economist Andy Haldane said that there is “no rush” to tighten […]
Bank of England to raise rates
The Bank of England said yesterday it was likely to raise interest rates sooner and by more than it thought only three months ago. The BoE’s rate-setters gave themselves time […]
UK economy grew 0.5% in the fourth quarter
The pound rose today as traders looked to fourth-quarter economic growth numbers due later to see if Britain’s economy is proving more resilient than expected, which could help sterling extend […]
May’s reshuffle was a shambles
British Prime Minister Theresa May’s leadership team shake-up, designed to restore her authority and address divisions over Brexit, was branded a shambles after one minister quit and media reported another […]
Dollar weakens while Euro gains
Sterling held near a three-month high of $1.36 today, as traders paused ahead of a survey of Britain’s construction sector. the pound was trading flat amid broad general dollar weakness […]
Mark Carney speaks at lunchtime
The FTSE 100 is called to open flat to slightly lower this morning following the overnight performances on Wall Street and in Asia which saw the US Senate pass the […]
The week ahead
Last week ended negatively for the Pound, even though the UK and EU are now moving to the next phase of negotiations- the fact that this next phase will be […]
UK Wage growth slightly better
Pay growth for British workers quickened slightly in the three months to October but there was another drop in employment, official figures showed, suggesting employers are turning more cautious as […]
UK Inflation hits a 6 year high!
This week will be all about the central banks. Three major institutions will have their interest rate decisions: FED, ECB, and BoE. From that three, only in the US, we […]
The week ahead
GBPEUR exchange rates hit 1.1490 while GBPUSD exchange rates went above 1.35 on Friday morning following the UK Government managing to sort out the Irish border issues and beginning negotiations […]