currency

Brexit: The pound hits highest level since the UK’s vote to leave the EU

The pound has jumped up to its highest level against the dollar since the Brexit vote after a Bank of…

Will the euro reach parity with the pound for the first time in its 18-year history?

For the first time in its 18-year history, the euro will be one-for-one versus Britain's pound by early next year,…

Animal fat won’t be removed from Bank of England notes despite public pressure

It has been more than a year since The Bank of England unveiled the new and improved £5 note. Cleaner,…

UK government borrowing rises to £6.9bn as inflation boosts debt costs

UK government borrowing rose to £6.9bn last month after the country was forced to pay higher interest on its debt. Public…

Sterling jumps to three-week high as Carney suggests BoE will raise rates

Sterling jumped nearly one percent to a three-week high on Wednesday after Mark Carney, governor of the Bank of England…

What is euro clearing and why does the ECB want greater control over it after Brexit?

The European Central Bank (ECB) is seeking statute changes to grant its governing council greater legal powers over euro clearing…

What has happened to the pound since the UK voted to leave the EU?

Sterling had an annus horribilis in 2016, but so far 2017 has heralded something of a comeback. In the first…

Financial fallout in South Africa after president Zuma’s massive cabinet reshuffle

South African president Jacob Zuma's sacking of his finance minister Pravin Gordhan late last night saw a five percent drop…

Trump’s Muslim ban, Japan’s economic forecasts, Vodafone in merger talks

These three things will change the world today. 1. Trump's immigration crackdown Over 1m people have signed a petition to stop US…

Three things that will change the world today

These things will have an impact on the wider world. 1. May's "global Britain" Britain will be a leader on…