In the early hours of Wednesday the 9th of November Donald Trump was announced as the 45th President of the United States. The Republican nominee achieved one of the most improbable political victories in modern US history but after surprise...
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29th Nov 2024 | Updated at 08:45pm 29th Nov 2024
Bank of England cut growth forecast
- 17 Aug 2017
Brexit negotiations initially got off to a shaky start as it seemed that British cabinet ministers were unable to reach an agreement on the best course of actions and the government also seemed at war with itself over the divorce terms.
Brexit deal in tatters
- 06 Dec 2017
The ongoing and tense negotiations have led to a broad agreement by the UK to a gross financial settlement of £89bn on leaving the bloc, although the British expect the final net bill to be half as much. The news brings the two sides close to agreement on a key obstacle to opening talks on a future free trade pact.
Interest rate cut reversed
- 09 Nov 2017
Sterling surges 2% against the Dollar
- 02 May 2017
Pound rebound since Brexit vote
- 07 Mar 2017
In September The Bank of England revealed the details of its £10bn money-printing programme, in which it will buy high-quality company bonds. The central bank said it aimed to buy bonds so that its holdings were representative of the British...
A quarterly business survey by the CBI reveals optimism about the UK economy among British businesses has fallen at the fastest rate since January 2009. More than half of businesses surveyed said they were less optimistic about the business...
The Bank of England’s Martin Weale signalled that he is not yet ready to vote for an interest rate cut in what will be his final meeting as a member of the Monetary Policy Committee.
On Tuesday 28th June UK financial markets remain volatile in the wake of the Brexit vote, with sterling plunging to a 31-year low against the dollar after Standard & Poor and Fitch downgraded the UK’s credit rating yesterday.
On Tuesday 28th June UK financial markets remain volatile in the wake of the Brexit vote, with sterling plunging to a 31-year low against the dollar after Standard & Poor and Fitch downgraded the UK’s credit rating yesterday. S&P downgraded...
UK Construction PMI figures fell to 46.0 in June, down from 51.2 in May, the seasonally adjusted figure dropped below the neutral 50.0 threshold for the first time since April 2013. The latest reading pointed to the weakest overall performance...
- 05 Jul 2016
On Tuesday 28th June UK financial markets remain volatile in the wake of the Brexit vote, with sterling plunging to a 31-year low against the dollar after Standard & Poor and Fitch downgraded the UK’s credit rating yesterday. S&P downgraded...
In a historical move that shocked global markets, Britain has voted to leave the European Union, with almost 52% of voters opting to Leave. The British Pound hit lows to the US Dollar not seen since 1985, after hitting fresh 2016 highs yesterday....
The pound fell to two month lows against the dollar on Monday and hit multi-year lows against the yen as worries over a U.K. referendum took hold. Sterling has sold off in recent sessions amid fears that a U.K. exit could trigger a period of...
