Pound
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,…
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…
Academics warn the UK government — failure to reach a deal with the EU will result in chaos
If the UK government fails to reach a deal with the EU, the consequences will be “widespread, damaging and pervasive”…
UK business confidence will continue to drop in 2017, EY Item Club warns
The EY Item Club, the economic forecasting group, has lowered its forecast for the UK's GDP growth from 1.8 percent…
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Brexit: UK money transfer customers remain resilient despite the devaluation of the pound
One year after the Brexit vote, money transfer customers in the UK have demonstrated long-term resilience despite the devaluation of…
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…
Disastrous for the economy: UK businesses react to the 2017 general election result
As the dust settles from last week’s general election, UK businesses have raised concerns over what a hung parliament could…
It’s been a hard May’s night… Here’s the election results latest
Conservative leader Theresa May has had what's been described as a catastrophic night after failing to secure the increased majority…
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…