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Business articles

Pound fluctuates ahead of UK services PMI

The pound recorded some short lived gains yesterday as polling data continued to favour the Conservative party in the upcoming election.

Will a widened UK budget deficit weaken the ...

The pound failed to take any encouragement from the first televised general election debate, remaining on a weaker footing yesterday.

Easing political anxiety sends pound higher

Rising hopes that the UK could avoid a hung parliament helped to lift the pound at the start of the week.

Pound pressured by political developments

A lack of fresh UK data saw the pound struggling to gain any particular traction ahead of the weekend, with the currency hampered by political anxiety

Faltering UK retail sales weaken pound

The mood towards the pound soured in the wake of a disappointing set of UK retail sales figures.

Falling UK inflation inspires fresh pound ...

October’s UK consumer price index proved weaker than forecast yesterday, with the headline inflation rate dipping from 1.7% to 1.5% on the year.

Weaker UK inflation could trigger pound ...

A weaker-than-expected month of UK wage growth put a dampener on the pound yesterday, limiting the impact of an improved unemployment rate.