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Business articles

Pound hits monthly highs

An unexpected surge in the first quarter CBI business optimism index helped GBP exchange rates gain across the board yesterday.

Will UK retail sales send Sterling higher?

News that credit conditions softened in the fourth quarter had little impact on the pound yesterday, with the deterioration offering little surprise t

Pound advances, US dollar losses continue

The pound trended higher on New Year’s Eve, bolstered by hopes that a notable bump in minimum wage will help to boost growth in the UK this year.

Rising odds of Brexit delay fuel pound losses

The pound was left reeling on Tuesday after MPs rejected Boris Johnson’s attempts to fast-track the Withdrawal Agreement bill through parliament.