By Alex Bennett
It wasn’t so much the widely expected 75 basis-point rise in interest rates – the largest for 33 years – that has sunk the pound, as the Bank’s warning of a two-year... Read moreBy Alex Bennett
Sterling lost around 0.5% against the euro but over 1% against the US dollar yesterday as global inflation raised its head again in a key week for interest... Read moreBy Alex Bennett
Britain’s chancellor, Jeremy Hunt, announced yesterday that he will hold the long-awaited full Autumn Statement on November 17th instead of October 31st. The new... Read moreBy Alex Bennett
Sterling weakened yesterday in a shambolic day for UK politics. Against the US dollar the decline was close to 1%, but there was little movement against the euro. The... Read moreBy Alex Bennett
The pound staged a recovery yesterday as the British government made the mother of all U turns on its fiscal policy. However, those gains have been at least partially... Read moreCookie | Duration | Description |
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