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Business articles

GBP could extend losses if retail sales disappoint

Demand for the pound diminished after July’s UK public sector net borrowing figure missed forecasts with a narrowed budget surplus.

Pound poised to extend gains if UK wage ...

The pound could continue yesterday’s recovery if June’s average weekly earnings figure accelerates as forecast.

Challenges facing manufacturers in 2019 and ...

In the last decade we’ve seen seismic shifts in the way businesses operate, with technology advancing at breakneck speed, data regulations struggling

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