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Business articles

UK GDP contraction drives pound to fresh lows

News that UK gross domestic product contracted -0.2% in the second quarter left the pound under pressure on Friday.

Pound softens ahead of second quarter UK GDP

Fresh signs of weakness within the UK housing market left GBP exchange rates on the back foot yesterday as the sense of economic anxiety mounted.

Will GBP slide as Boris Johnson moves into ...

Yesterday, July’s preliminary Eurozone consumer confidence data rebounded slightly, with the sentiment index increasing from -7.2 to -6.6.

Pound under pressure

Confidence in the pound looks set to weaken further this morning with the release of the latest BBA loans for house purchase data.

Increasing risk of no-deal Brexit dents pound ...

As Boris Johnson took the lead in the first round of voting of the Conservative leadership contest the appeal of the pound rose, even though some trad

Can UK services PMI rebound encourage pound ...

After trending lower in the wake of yesterday’s Bank of England (BoE) interest rate decision and quarterly Inflation Report the pound could return to

Resilient manufacturing data likely to ...

Friday’s surprise dip in the University of Michigan consumer confidence index left the US dollar on a weaker footing against its rivals, especially in