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Business articles

Dovish BoE sends pound to fresh lows

GBP exchange rates extended their downtrend on the back of the Bank of England’s (BoE) December policy announcement, even though interest rates remain

Gloomy UK data sends Sterling lower

The pound initially got off to a strong start to the week as markets continued to take encouragement from the result of the general election.

Conservative victory sends pound higher

The pound surged overnight, hitting a three-year high against the euro and an over one-year high against the US dollar.

Election Day – how will the pound hold up?

Pre-election jitters failed to knock the pound off its positive footing yesterday, even as opinion polls pointed towards a narrower Conservative lead.

Stagnant UK growth fails to weaken pound

An unexpected stagnation in the UK’s monthly gross domestic product failed to put the pound under pressure yesterday.

Election optimism sends the Pound even higher

The pound is still riding high against its rivals thanks to election optimism, with markets expecting Boris Johnson’s Conservative Party to gain a maj

Will UK services PMI push GBP away from ...

As the latest poll indicated that the Conservatives are maintaining their lead ahead of next week’s general election the mood towards the pound improv