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Business articles

UK GDP contraction drives pound to fresh lows

News that UK gross domestic product contracted -0.2% in the second quarter left the pound under pressure on Friday.

No-deal Brexit speculation weakens GBP

Pound exchange rates drifted lower again on Wednesday as Dominic Cummings, Boris Johnson’s most senior advisor, warned MPs that a vote of no confidenc

Euro bolstered, GBP/EUR hits new two-year low

The euro broadly strengthened on Monday thanks to weakness in the US dollar. The common currency was able to storm higher despite the Eurozone’s compo

Accelerating wage growth set to shore up pound

Increased anxiety over Brexit and the UK’s future trade outlook weighed heavily on the pound yesterday, with a potential US-UK trade deal remaining a

4 things you need to know about doing ...

While Singapore may only be half the size of greater London, the island city-state punches above its weight on the international stage and is the perf

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