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Business articles

3-month Brexit extension bolsters GBP

The EU’s decision to offer the UK a three-month ‘flextension’ of the Brexit deadline helped the pound to recover some ground at the start of the week.

Risk of UK election weakens GBP

Boris Johnson’s push for a general election dragged the pound lower across the board on Friday as he threatened to freeze the withdrawal agreement if

Will the EU grant a Brexit extension?

The pound remained muted as MPs waited for the verdict of EU leaders on the matter of a fresh Brexit deadline extension.

Loss of Conservative parliamentary majority ...

After the Conservative government dramatically lost its working majority in parliament the pound was able to recover most of yesterday’s losses.

Pound recovers ground, mortgage approvals leap

An unexpectedly strong increase in UK mortgage approvals helped fuel the pound’s recovery ahead of the weekend.

Weakening German inflation dents euro, ECB ...

A sense of political anxiety continued weighing on the pound even as Labour leader Jeremy Corbyn pledged to ‘politically stop’ Boris Johnson’s plan to

Parliamentary suspension drags pound lower

The pound fell sharply out of favour as Boris Johnson moved to suspend Parliament for five weeks.