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Business articles

Pound firm, euro struggling, US dollar gains

The pound firmed on Friday as the UK released some better-than-forecast manufacturing and services PMIs. The results led to the UK composite PMI advan

Return to growth for UK service sector set to ...

Comments from Chancellor Sajid Javid continued to stoke anxiety over Brexit yesterday, with markets spooked by the prospect of a divergence in standar

Pound hits monthly highs

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

UK business sentiment recovery to extend ...

Confidence in the pound picked up yesterday as UK average weekly earnings unexpectedly held steady in the three months to November.

Shock UK retail sales slump dents pound

A surprise decline in UK retail sales weighed heavily on the pound ahead of the weekend as the odds of an imminent Bank of England (BoE) interest rate

Pound slumps thanks to surge in BoE interest ...

A surprise -0.3% monthly UK growth contraction saw the pound fall sharply out of favour at the start of the week.

Pound supported by UK services data

Support for the pound picked up at the start of the week after a surprise positive revision to the UK services PMI.