‘Better, but not good’: investors cautious on sterling after rebound
Sterling is no longer in crisis, but currency traders are reluctant to position for a prolonged rebound as the Bank of England’s […]
Sterling and gilts rally as pressure mounts on Liz Truss to ditch tax cuts
Sterling and UK government bonds jumped on Thursday as Liz Truss’s government came under mounting pressure from Tory MPs and the IMF […]
Sterling faces more pressure as difficulties mount for UK
The earthquake triggered by the new UK government’s tax-cutting, free-spending “fiscal event” late last month has just about finished shaking markets. The […]
Sterling crisis puts spotlight on Bank of England and UK Treasury
Good evening, The pound’s fall to a record low today triggered turmoil in financial markets and a late statement from the Bank […]
UK stocks: sterling collapse has few silver linings
A resounding foghorn of no confidence on the UK economy resonates through markets. Early on Monday, in response to plans by the […]
How significant is the sterling crisis?
Sterling fell to its lowest level ever against the dollar on Monday, prompting analysts to compare its trajectory to that of an […]
UK business from airlines to brewers braced for higher costs as sterling falls
British companies from airlines to brewers were braced for higher costs after the turbulence of sterling on Monday, with the prospect of […]
Live news updates from September 26: Sterling falls to record low, S&P 500 closes at 21-month low
On Monday we will be picking over the fallout from Italy’s lurch to the right after the completion of a bad-tempered election […]
Deutsche Bank says risk of a ‘sterling crisis’ is rising as Truss becomes UK prime minister
A banners of Deutsche Bank is pictured in front of the German share price index, DAX board, at the stock exchange in […]