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Business articles

Surprise rise in UK inflation lifts pound

The pound trended higher across the board in the wake of yesterday’s UK consumer price index data, which saw the inflation rate strengthen from 2.0% t

Crash in German confidence drives euro lower

An eleven-year high in UK wage growth was not enough to shore up the pound yesterday as June’s unemployment rate climbed unexpectedly.

Pound poised to extend gains if UK wage ...

The pound could continue yesterday’s recovery if June’s average weekly earnings figure accelerates as forecast.

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.