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Pound rallies on 45p tax rate U-turn
Yahoo Finance UK· 2 years agoThe pound fell back to around $1.12 after the chancellor said he would not resign. Photo: PA PA The pound edged higher as the UK government announced a...
Jubilee fails to lift retail sales as shoppers tighten purse strings
Yahoo Finance UK· 2 years agoSome had hoped that the Queen's Platinum Jubilee would give retail sales a major boost. Photo:...
UK pound slides against dollar as Boris Johnson faces cabinet chaos
Yahoo Finance UK· 2 years agoThe pound slid even lower against the dollar yesterday amid the political turmoil. Oleksandr Siedov...
Pound crashes to all-time low against dollar as Kwarteng signals more tax cuts
Yahoo Finance UK· 2 years agoThe pound dropped to its lowest point since 1985. Photo: Matt Cardy/Getty Matt Cardy via Getty...
Labour Conference: Rachel Reeves blasts Tory economic plans as pound nears parity
Yahoo Finance UK· 2 years agoRachel Reeves, shadow chancellor of the exchequer speaks on day two of the Labour Party Conference...
Pound falls further and bonds under pressure despite Government tax U-turn
Press Association News via AOL· 2 years agoThe Bank of England bought just £1.5 billion in gilts on Friday as its intervention to prop up the...
Bank of England hikes rates by 50 bps as economy slows
Reuters via Yahoo News· 2 years agoThe Bank of England raised its key interest rate to 2.25% from 1.75% on Thursday and said it would...
Hedge funds mounted bearish UK bets as Truss became PM
Reuters via Yahoo News· 2 years agoIn the first half of September bets against sterling posted the biggest two-week rise since 2013, a...
European stocks recoup losses after ECB hikes rate as expected
Reuters via Yahoo Finance· 2 years agoEuropean stocks emerged from their session lows and closed nearly flat on Thursday after the...
Yen hits weakest level since 1990, pound down after PM announces resignation
Reuters via Yahoo Finance· 2 years agoBy Karen Brettell NEW YORK (Reuters) - The dollar surpassed the symbolic level of 150 yen for the...