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Business articles

Unexpected service sector decline fuels pound losses

GBP exchange rates tumbled ahead of the weekend thanks to a surprise contraction in November’s UK services PMI.

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.

Risk of UK election weakens GBP

Boris Johnson’s push for a general election dragged the pound lower across the board on Friday as he threatened to freeze the withdrawal agreement if

Will the EU grant a Brexit extension?

The pound remained muted as MPs waited for the verdict of EU leaders on the matter of a fresh Brexit deadline extension.