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Business articles

Brexit deadlock drives pound sharply lower

GBP exchange rates plunged sharply yesterday amid reports that Brexit negotiations are on the brink of collapse.

Worst September retail performance since 1995 ...

Confidence in the outlook of the UK economy received a fresh blow as the latest British Retail Consortium (BRC) sales data saw its worst September on

Pound muted as EU rejects Johnson’s proposals

The pound limped over the finishing line last week after European Parliament President David-Maria Sassoli formally rejected Boris Johnson’s Brexit pr

Fading hopes for Brexit deal damage pound

Reception to Boris Johnson’s ‘final Brexit offer’ proved rather lacklustre, keeping the pound on a generally weaker footing yesterday.

Irish border worries drag pound lower

The leak of the government’s supposed plans for the Irish border saw the pound trending sharply lower against many of the majors yesterday.

Pound boosted by UK GDP data

The pound received an upswing of support on Monday thanks to upwardly revised Q1 GDP data. UK growth was buoyed by an increase in both household and g

Pound slumps as BoE outlook shifts towards ...

Comments from Bank of England (BoE) policymaker Michael Saunders prompted the pound to trend sharply lower ahead of the weekend.