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Business articles

Pound rallies on unexpected UK manufacturing growth

February’s flash UK manufacturing PMI surprised investors by delivering a solid uptick from 50 to 51.9, avoiding the expected drop into contraction te

Pound falters despite UK household optimism ...

An unexpectedly sharp bounce in the latest IHS Markit household finance index was not enough to prevent the pound from shedding ground yesterday.

Euro flounders at four-month low

The euro was knocked back on Wednesday, retreating close to a four-month low against the US dollar as the Eurozone’s latest manufacturing data made fo

Stagnating UK growth fails to drive down pound

News that the UK economy stagnated in the fourth quarter was not enough to drive the pound lower against many of its rivals yesterday.

Will UK growth data weaken pound?

The pound made some fleeting gains on Friday, firming through most of the day before falling sharply at the end of the European session after US vice-

Brexit fears send Sterling lower, Aussie ...

The pound plummeted on Monday after UK Prime Minister Boris Johnson set out a tough stance for the upcoming trade talks between the UK and European Un

Will the pound tumble after BoE rate ...

An increasing sense of anxiety over Brexit and upcoming trade negotiations between the UK and EU kept the pound on a weaker footing yesterday.