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Business articles

Pound stabilises as UK employment data surprises

The pound kicked off the week on the defensive, retreating in response to the UK government’s apparent reluctance to begin easing its lockdown measure

Hopes for coronavirus treatment weaken US ...

The pound crept higher at the end of last week on suggestions that the UK currency remains undervalued following its sell-off last month.

Pound undermined by Brexit worries

The pound was on the back foot yesterday as a Downing Street spokesperson said that the UK will not seek any extension to the Brexit transition period

US dollar soars, pound comes under pressure

Concerns over the UK’s coronavirus outbreak limited the appeal of the pound yesterday, with GBP investors worried that cases are being significantly u

Pound gains despite OBR’s -35% GDP projection

The pound enjoyed a solid day of gains yesterday in spite of the gloomy nature of the Office for Budget Responsibility’s (OBR) latest economic simulat

Pound hits one-month high

The pound pushed to its highest levels in over a month on Tuesday, extending gains from before the Easter weekend.

Pound steady before GDP report

The pound advanced against the euro and US dollar over the course of Wednesday and managed to retain its modest gains overnight.