The pound was down 0.58% at 1.229 US dollars and down 0.34% at 1.193 euros when London’s markets closed. This helped to ...

The GBP/USD has carved a successive series of lower highs and lower lows, an indication that the downtrend remains intact.

With many people already booking holidays for 2025, some travellers may find their money doesn't go as far. However, there ...

The Government has said there is “no need for an emergency intervention” as it sought to soothe concerns over the UK’s shaky ...

An intervention by the chancellor to help shore up flagging financial market confidence in the UK economy has been ruled out ...

The pound under severe pressure; a widening budget deficit; a yawning current account imbalance; stubbornly persistent ...

The drop came as UK 10-year borrowing costs surged to their highest level since the 2008 financial crisis when bank borrowing ...

Domestic factors have contributed to the bond market turmoil, but most analysts said the movements were largely driven by ...

The U.S. dollar drew strength from rising Treasury yields on Thursday, adding pressure to the pound and euro, while the yen ...

The fall in the Pound, rising borrowing costs and warning of higher mortgages are a treble blow to Chancellor Rachel Reeves ...

THE pound has dropped to its lowest level against the US dollar since November 2023. It follows a sharp increase in UK ...

Pound Sterling has plummeted to its lowest level since 2023, with Rachel Reeves failing to calm spooked markets. The currency ...