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Business articles

Pound extends gains as MPs reject calls for ...

Comments from Bank of England (BoE) Governor Mark Carney helped to boost the pound yesterday.

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.

Election bets send pound tumbling

The pound tumbled on Monday as markets braced themselves for a pivotal week in UK politics. Sterling also suffered as the latest Markit PMI report rev

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.