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Business articles

Pound falters despite UK household optimism hitting ...

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

German growth worries spark euro selloff

Germany’s fourth quarter gross domestic product report proved disappointing, weighing the euro down on Friday.

Pound surges after Javid resignation

Demand for the pound rose sharply on Thursday after the surprise resignation of Chancellor of the Exchequer Sajid Javid.

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-

Pound dips despite sturdy services PMI

The pound appeared to be off to a strong start on Wednesday, rallying in the morning on the back of the UK’s final PMI figures for January.