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Business articles

Pound under pressure

Confidence in the pound looks set to weaken further this morning with the release of the latest BBA loans for house purchase data.

Could BoE hawkishness boost pound gains today?

Yesterday’s dip in the UK consumer price index was not enough to prevent the pound trending higher across the board.

Weaker UK inflation rate set to dent pound

Worries over the risk of a no-deal Brexit continued to weigh on the pound yesterday as the Conservative leadership contest heated up further.

Pound remains vulnerable to Brexit ...

After Matt Hancock withdrew from the Conservative leadership contest, having secured just 20 votes in the first round, the mood towards the pound sour

Increasing risk of no-deal Brexit dents pound ...

As Boris Johnson took the lead in the first round of voting of the Conservative leadership contest the appeal of the pound rose, even though some trad

Slump in UK GDP weighs down pound

The pound came under renewed pressure at the start of the week as April’s monthly UK gross domestic product showed an unexpectedly sharp -0.4% contrac

Pound continues to weaken due to political ...

Political uncertainty looks set to dominate the mood towards the pound for another day as markets continue to weigh up the odds of a hard-line Brexite