GBP/USD
- Finance
Former UK PM Liz Truss is blaming the left-wing ‘economic establishment’ for ousting her
British Prime Minister Liz Truss announces her resignation, outside Number 10 Downing Street, London, Britain October 20, 2022. Henry Nicholls…
Read More » - News
UK inflation moves back up to 40-year high as Brits battle cost-of-living crisis
The Office for National Statistics announced inflation figures Wednesday as the U.K. undergoes a historic cost-of-living crisis and political turmoil.…
Read More » - Finance
Britain’s shadow banking system is raising serious concerns after bond market storm
Analysts are concerned about a knock-on effect to the U.K.’s shadow banking sector in the event of a sudden rise…
Read More » - Europe
British pound jumps as UK government U-turns on cut to top tax rate
U.K. Chancellor Kwasi Kwarteng outside 10 Downing Street. Britain will cap the cost of electricity and gas for businesses. Rob…
Read More » - News
Bank of England faces pivotal policy decision with pound at multi-decade lows
Bank of England Governor Andrew Bailey has reiterated his commitment to reining in inflation, but the Bank faces a difficult…
Read More » - News
British pound is taking on ’emerging market’ characteristics, Bank of America says
A trader pauses while monitoring financial data on computer screens at ETX Capital, a broker of contracts-for-difference, in London, U.K.…
Read More » - Europe
Bank of England hikes interest rates to 13-year high, sees inflation hitting 10%
BOE Governor Andrew Bailey has warned the Bank is walking a “narrow path” between growth and inflation. Bloomberg | Bloomberg…
Read More »
